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Verizon Increases CEO Incentive Amid Revenue Reclassification

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Verizon Increases CEO Incentive Amid Revenue Reclassification

The latest announcement is out from Verizon ( (VZ) ).

On March 18, 2025, Verizon’s Board of Directors approved an increase in the annual target long-term incentive for CEO Hans Vestberg from $18 million to $25 million, reflecting market competitiveness and his experience. Additionally, Verizon reclassified certain revenues and adjusted its metrics for wireless retail postpaid phone net additions, impacting financial reporting and investor information.

More about Verizon

Verizon Communications Inc. operates in the telecommunications industry, providing wireless services and products. The company focuses on delivering communication solutions and has a significant presence in the wireless service market.

YTD Price Performance: 12.57%

Average Trading Volume: 24,360,346

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $186.2B

Find detailed analytics on VZ stock on TipRanks’ Stock Analysis page.

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