VZ » Topics » Introduction

This excerpt taken from the VZ DEF 14A filed Mar 23, 2009.

Introduction

 

The Human Resources Committee oversees the development and implementation of the total compensation program for Verizon’s named executive officers. Throughout the discussion and analysis of compensation, we refer to the Board of Directors as the Board and the Human Resources Committee as the Committee.

 

During 2008, Verizon’s named executive officers were:

 

Ivan G. Seidenberg

   Chairman and Chief Executive Officer

Dennis F. Strigl

   President and Chief Operating Officer

William P. Barr*

   Executive Vice President

Doreen A. Toben

   Executive Vice President and Chief Financial Officer

Lowell C. McAdam

  

Executive Vice President of Verizon and President and Chief Executive Officer of Verizon Wireless Joint Venture

* Mr. Barr also served as General Counsel of the Company until November 6, 2008.

 

This excerpt taken from the VZ DEF 14A filed Mar 17, 2008.

Introduction

 

The Human Resources Committee designs and oversees the total compensation program for Verizon’s named executive officers. Throughout the discussion and analysis of compensation, we refer to the Board of Directors as the Board and the Human Resources Committee as the Committee.

 

During 2007, Verizon’s named executive officers were:

 

Ivan G. Seidenberg

   Chairman and Chief Executive Officer

Dennis F. Strigl

   President and Chief Operating Officer

William P. Barr

   Executive Vice President and General Counsel

Doreen A. Toben

   Executive Vice President and Chief Financial Officer

Lowell C. McAdam

   Executive Vice President and President and Chief Executive Officer, Verizon Wireless Joint Venture

 

The Committee evaluates and approves each element of these officers’ compensation. However, the independent members of the Board approve all decisions relating to the CEO’s compensation after they have reviewed the Committee’s evaluation and considered its recommendations.

 

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