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Verizon Communications Executive Compensation (FY25)

VZ · Executive and director compensation, fiscal 2022 to 2025

The Verizon Communications brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 7, 2026Latest filing (8-K): May 28, 2026
6 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Verizon Communications brief$1,500Get the executive brief
312 figures on this page: 309 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Daniel Schulman
Median of the other named officers
$16,008,226
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Hans Vestberg → Daniel Schulman
Say-on-pay support: 90.2% → 87.1% (3.1 points lower)
CEO pay ratio: 183:1 → 248:1 (35.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Verizon Communications' chief executive and what were they paid?
Total compensation for Daniel Schulman, Chief Executive Officer, came to $34,311,016 in fiscal 2025.
What was Verizon Communications' say-on-pay result?
The say-on-pay proposal drew 87.1% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Verizon Communications' peer group?
Companies named in the disclosed peer group include Alphabet, Amazon, American Express, Apple and Boeing, among others.
What is Verizon Communications' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 248:1, against median employee compensation of $154,605.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hans Vestberg
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Matthew Ellis
Former Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Kyle Malady
Executive Vice President and Group CEO Verizon Business
◇—◇—◇—◇◇
Sowmyanarayan Sampath
Executive Vice President and Group CEO – Verizon Consumer
◇—◇—◇—◇◇
Craig Silliman
Executive Vice President and President – Verizon Global Services
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hans Vestberg
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Matthew Ellis
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Sowmyanarayan Sampath
Executive Vice President and Group CEO – Verizon Consumer
◇—◇—◇—◇◇
Kyle Malady
Executive Vice President and Group CEO – Verizon Business
◇—◇—◇◇◇◇
Craig Silliman
Executive Vice President and President – Verizon Global Services
◇—◇—◇◇◇◇
Anthony Skiadas
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hans Vestberg
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Craig Silliman
Former Executive Vice President and President Verizon Global Services
Departed during or after this year
◇—◇—◇—◇◇
Sowmyanarayan Sampath
Executive Vice President and Group CEO Verizon Consumer
◇—◇—◇—◇◇
Kyle Malady
Executive Vice President and Group CEO Verizon Business
◇—◇—◇◇◇◇
Anthony Skiadas
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Vandana Venkatesh
Executive Vice President Public Policy and Chief Legal Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Schulman
Chief Executive Officer
◇—◇—◇—◇◇
Hans Vestberg
Former Chairman and Chief Executive Officer
Departed during or after this year
◇—◇—◇◇◇◇
Sowmyanarayan Sampath
Former Executive Vice President and Group CEO – Verizon Consumer
Departed during or after this year
◇—◇—◇◇◇◇
Anthony Skiadas
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Kyle Malady
Executive Vice President and Group CEO Verizon Business
◇—◇—◇◇◇◇
Vandana Venkatesh
Executive Vice President and Chief Legal Officer
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Anthony SkiadasPSU◇—————◇
Anthony SkiadasRSU◇——◇——◇
Anthony SkiadasRSU◇——◇——◇
Daniel SchulmanRSU◇——◇——◇
Daniel SchulmanRSU◇——◇——◇
Daniel SchulmanPSU◇—————◇
Hans VestbergPSU◇—————◇
Hans VestbergRSU◇——◇——◇
Kyle MaladyRSU◇——◇——◇
Kyle MaladyPSU◇—————◇
Sowmyanarayan SampathRSU◇——◇——◇
Sowmyanarayan SampathPSU◇—————◇
Sowmyanarayan SampathRSU◇——◇——◇
Vandana VenkateshPSU◇—————◇
Vandana VenkateshRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Kyle MaladyPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Hans VestbergRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Vandana VenkateshRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Sowmyanarayan SampathRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Anthony SkiadasRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Daniel SchulmanPSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Anthony Skiadas
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Hans Vestberg
Former Chairman and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Excise tax treatment◇
Non-compete period◇
Kyle Malady
Executive Vice President and Group CEO Verizon Business · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Sowmyanarayan Sampath
Former Executive Vice President and Group CEO – Verizon Consumer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Vandana Venkatesh
Executive Vice President and Chief Legal Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark Bertolini
Board chair
◇◇————◇
Daniel Schulman
Lead independent director
◇◇————◇
Roxanne Austin
◇◇————◇
Shellye Archambeau
◇◇——◇—◇
Laxman Narasimhan
◇◇——◇—◇
Vittorio Colao
◇◇————◇
Carol Tomé
◇◇——◇—◇
Clarence Otis Jr
◇◇——◇—◇
Caroline Litchfield
◇◇————◇
Rodney Slater
◇◇————◇
Jennifer Mann
◇◇————◇
Hans Vestberg served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as deferred stock units.
Stock ownership guideline: 5x cash component of annual retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alphabet GOOGL
  • Amazon AMZN
  • American Express AXP
  • Apple AAPL
  • Boeing BA
  • Caterpillar CAT
  • Charter Communications CHTR
  • Chevron CVX
  • Cisco CSCO
  • Comcast CMCSA
  • Goldman Sachs GS
  • IBM IBM
  • Johnson & Johnson JNJ
  • JPMorgan Chase JPM
  • Merck MRK
  • Meta Platforms META
  • Microsoft MSFT
  • Netflix NFLX
  • Nvidia NVDA
  • Procter & Gamble PG
  • T-Mobile US TMUS
  • UnitedHealth Group UNH
  • Walmart WMT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 9, 2024=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Verizon Communications disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Verizon Communications sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
312 figures on this page: 309 cited to the filing that reported them, 3 calculated from figures it prints.
309 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001193125-26-245230
    Item 5.07
  2. 0001308179-26-000210
    CEO pay ratio · Compensation Discussion and Analysis · Compensation tables · Grants of Plan-Based Awards · and 4 more sections
  3. 0001193125-25-129505
    Item 5.07
  4. 0001308179-25-000404
    Compensation tables · Summary compensation
  5. 0001193125-24-137239
    Item 5.07
  6. 0001308179-24-000279
    Compensation tables · Summary compensation
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Verizon Communications executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/VZ (accessed 2026).
Short form: data: Velarion

The Verizon Communications brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
6 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Verizon Communications discloses

The companies named in VZ's own disclosed peer group.

AlphabetAmazonAmerican ExpressAppleBoeingCaterpillarCharter CommunicationsChevronCiscoComcastGoldman SachsIBMJohnson & JohnsonJPMorgan ChaseMerckMeta PlatformsMicrosoftNetflixNvidiaProcter & GambleT-Mobile USUnitedHealth GroupWalmart

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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