Verizon reports results of preliminary shareholder vote at 2019 annual meeting
02 Maio 2019 - 10:52AM
Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced
preliminary results of the shareholder vote at its annual meeting
here today.
Verizon’s shareholders elected each of Verizon’s 10 directors to
a one-year term. Shareholders also voted in favor of two management
proposals:
- ratified the appointment of Ernst & Young LLP as the
company’s independent registered public accounting firm, and
- approved the compensation of the company’s named executive
officers as described in the 2019 proxy statement.
All five shareholder proposals were defeated: eliminate an
investment option under the nonqualified savings plan; adopt an
independent chair policy; issue a report on the potential online
exploitation of children; issue a report on the feasibility of
incorporating cyber security and data privacy performance metrics
into executive incentive compensation; and amend the company’s
existing policy providing for shareholder approval of executive
severance arrangements.
Vote tallies are considered preliminary until the final results
are tabulated and certified by independent inspectors of election.
The final results will be posted on Verizon’s website at
www.verizon.com.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, generated revenues of $130.9 billion in 2018. The
company operates America’s most reliable wireless network and the
nation’s premier all-fiber network, and delivers integrated
solutions to businesses worldwide. With brands like Yahoo,
TechCrunch and HuffPost, the company’s media group helps consumers
stay informed and entertained, communicate and transact, while
creating new ways for advertisers and partners to connect.
Verizon’s corporate responsibility prioritizes the environmental,
social and governance issues most relevant to its business and
impact to society.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media
contacts and other resources are available at
www.verizon.com/about/news/. News releases are also available
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Media contact: Bob
Varettoni917.734.4156robert.a.varettoni@verizon.com
Verizon Communications (NYSE:VZ)
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