05/13/2021|Financial|Events

Verizon reports results of preliminary shareholder vote at 2021 annual meeting

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New York, New York – Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced preliminary results of the shareholder vote at its annual meeting, which was held today in a virtual-only format.

Verizon’s shareholders elected each of Verizon’s nine 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 2021 proxy statement, and
  • Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm.

All three shareholder proposals were defeated: shareholder right to act by written consent; amend executive compensation clawback policy; and shareholder ratification of annual equity awards.

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.

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The company will present results on a webcast beginning at 8:30 a.m. ET. Access instructions and presentation materials will be available at 7:30 a.m.