IRVING, Texas, May 12, 2022 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced preliminary results of the shareholder vote at its annual meeting, which was held today in Irving, Texas, the company’s first in-person shareholder meeting since 2019.
Verizon’s shareholders elected each of Verizon’s eleven directors to a one-year term. Shareholders also voted in favor of two management proposals:
- Approved the compensation of the company’s named executive officers as described in the 2022 proxy statement; and
- Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm.
All four shareholder proposals were defeated: report on charitable contributions; amend executive compensation clawback policy; shareholder ratification of annual equity awards; and report on business operations in China.
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/about/investors.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.
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