CEO Salary & Executive Compensation
Verizon VZ
CEO: Hans Vestberg · Telecommunications · 105,400 employees
Hans Vestberg, CEO of Verizon (VZ), earned $12.0M in total compensation in 2016. Verizon receives a Pay-for-Performance grade of C (61/100), with a CEO-to-worker pay ratio of 120:1 and a say-on-pay shareholder approval of 92.7%. The company's 3-year total shareholder return is -6.3%.
How Verizon CEO Pay Compares
Hans Vestberg's $12.0M total compensation is 0% below the Telecommunications industry median of $12.0M. The 120:1 CEO-to-worker pay ratio is 0% lower than the industry average of 120:1.
Total compensation for Hans Vestberg at Verizon (VZ) was $12.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio runs 120x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been muted across the three-year window: -6.3% TSR, 1.6% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Shareholders supported the compensation package at 93% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Verizon operates in Telecommunications with 105,400 employees and $134.0B in annual revenue, and currently carries a market capitalization of $180.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Verizon (VZ).
Compensation Breakdown
Hans Vestberg's $12.0M total compensation package for fiscal year 2016 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2016 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2015 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2014 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2013 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
More Telecommunications Companies
Hans Vestberg, CEO of Verizon (VZ), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Hans Vestberg, CEO of Verizon (VZ), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Verizon has a Pay-for-Performance Score of C (61/100). The company's 3-year total shareholder return is -6.3%, and the say-on-pay shareholder vote passed with 92.7% approval.
The CEO-to-median-worker pay ratio at Verizon is 120:1. The median worker at Verizon earns $100K per year, while CEO Hans Vestberg earns $12.0M in total compensation.
Verizon employs approximately 105,400 people. The company operates in the Telecommunications industry within the Communication Services sector, generating $134.0B in annual revenue.