Key responsibilities and activities:

  • Monitor Verizon’s capital needs and financing arrangements and ability to access the capital markets
  • Monitor expenditures under the annual capital plan approved by our Board
  • Review Verizon’s policies and strategies for managing currency, interest rate, renewable energy and counterparty exposures
  • Review and approve Verizon’s derivatives policy and monitor the use of derivatives, including our renewable power purchase agreement strategy
  • Review Verizon’s insurance and self-insurance programs
  • Oversee the investment of pension assets and the funding of pension and other postretirement benefit obligations