Press Releases May 21, 2026 01:13 PM

Verizon Announces Preliminary Shareholder Voting Results from 2026 Annual Meeting

Verizon shareholders approve management proposals and elect directors at 2026 annual meeting

By Jordan Park VZ

Verizon Communications announced preliminary results from its 2026 annual shareholder meeting held virtually. All nine director nominees were elected for one-year terms. Shareholders approved management proposals including executive compensation, a long-term incentive plan, and the reappointment of Ernst & Young as auditor. Two shareholder proposals on climate change oversight and independent board chair were defeated. One proposal on executive compensation metrics was withdrawn.

Verizon Announces Preliminary Shareholder Voting Results from 2026 Annual Meeting
VZ

Key Points

  • All nine Verizon director nominees elected to one-year terms, confirming board continuity.
  • Shareholders approved executive compensation, 2026 long-term incentive plan, and reappointment of audit firm Ernst & Young.
  • Shareholder proposals on climate change oversight and mandatory independent board chair were rejected, signaling limited support for governance changes.
  • The annual meeting was conducted virtually, reflecting ongoing digital adaptation and outreach.

NEW YORK, May 21, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the preliminary voting results from its 2026 annual meeting of shareholders. The meeting was conducted today in a virtual-only format. 

Verizon’s shareholders elected each of Verizon’s nine director nominees to a one-year term. Shareholders also voted in favor of three additional management proposals:

  • Approved the compensation of the company’s named executive officers as described in the 2026 proxy statement;
  • Approved the company’s 2026 long-term incentive plan; and
  • Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm.

Shareholders voted on two shareholder proposals and both were defeated:

  • Issue report on Board oversight of material issues related to climate change; and
  • Adopt mandatory Independent Board Chair policy.

The shareholder proposal regarding risks of non-fiduciary executive compensation metrics was withdrawn by the proponent and not presented at the annual meeting.

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.

This announcement was originally published by Verizon. Read the original press release.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $138.2 billion in 2025. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/about/news. For images and logos, visit verizon.com/about/news/media-resources. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Jamie Serino
[email protected]


Risks

  • Potential shareholder dissatisfaction with governance decisions, as indicated by defeated climate-change and board chair reform proposals, could impact investor relations.
  • Market uncertainty remains around long-term executive compensation metrics, due to withdrawal and debate over related shareholder proposal.
  • Broader regulatory or public pressures related to climate change oversight and corporate governance reforms may influence company policies and reputation.

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