The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. AT&T 2. Lowell McAdam. Change in Pen.& Non-Q DEF.Comp. Comcast Lowell McAdam - Net Worth, Salary, Wiki, Age, Trivia Best notjustrich.com. All proxy statements are public filings made available to the general public by the SEC. He is the former chairman and CEO of Verizon Communications, a company he joined in 2000. All Other. Lowell has 1 job listed on their profile. Feb 11 (Reuters) - Verizon Communications Inc said it raised Chief Executive Lowell McAdam’s base salary by about 7 percent and his long-term bonus to 750 percent of his base salary from 625 percent. Option Awards: Compensation paid in the form of company equity that is structured as stock options. As a member of Board of Directors at VERIZON COMMUNICATIONS INC, Lowell McAdam made $272,667 in total compensation. But that's just the annual salaries. Lowell Adam VZ stock SEC Form 4 insiders trading. Shammo’s total compensation for 2012 was $5.2 million while Mead’s was $6.4 million. 21,847 Verizon reviews. $97,667 was received as fees earned or paid in cash, This report is not for commercial use. Of this total Lowell McAdam, Verizon. (Reuters) - Verizon Communications Inc said it raised Chief Executive Lowell McAdam's base salary by about 7 percent and his long-term bonus to 750 percent of his base salary … McAdam in 2011. He believes that the new millennial is more likely to use digital technology than television channels. Lowell has made over 2 trades of the Verizon Communications stock since 2019, according to the Form 4 filled with the SEC. $175,000 was awarded as stock and Salary, 2011: $13,000,000 [See Verizon's 14A] Age: 56 (From Verizon's official bio page) Lowell C. McAdam is chairman and chief executive officer of Verizon Communications, with responsibility for the operations of Verizon, including all business units and staff functions. According to wikipedia, Lowell McAdam was born on August 15, 1990. Contents. Feb 11 (Reuters) - Verizon Communications Inc said it raised Chief Executive Lowell McAdam’s base salary by about 7 percent and his long-term bonus to 750 percent of his base salary … Total compensation (2011): $23.1 million Total compensation (2010): $7.2 million (as COO of Verizon Wireless) Salary: $1.4 million Fees Earned. 1 Early life; 2 Career; 3 External links; 4 References; Early life. In addition, he is chairman of the Verizon Wireless Board of Representatives. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. A free inside look at company reviews and salaries posted anonymously by employees. Our Standards: The Thomson Reuters Trust Principles. Lowell McAdam made $272,667 in total compensation. Total Compensation: $18,637,867 (US$18.63 million) Wells Fargo – Timothy J. Sloan, CEO and President. (NOTE: According to a recent email, Lowell McAdam’s salary when up to $23.1 million in April, 2016, from $18.3 million in 2015.) Change in Pension Value and Nonqualified Deferred Compensation Earnings. Total compensation (2011): $23.1 million Total compensation (2010): $7.2 million (as COO of Verizon Wireless) Salary: $1.4 million . Some of the major rivals of the American telecommunications conglomerate include: 1. $0. McAdam earned a bachelor's degree in engineering from Cornell University and a master's degree in business administration (MBA) from the University of San Diego. Lowell Clayton McAdam (born May 28, 1954) is an American businessman. McAdam… 1 McAdam Financial advisor jobs in Lowell, MA. Lowell McAdam (* 1954) ist ein US-amerikanischer Manager. The information shown here is a reporting of information included in the company's proxy statement. $0. Vittorio Colao. Lowell McAdam has approximated annual earnings of US$18.2 million and his net worth is estimated to be $23.1 million. Lowell Clayton McAdam (born May 28, 1954) is an American businessman. All quotes delayed a minimum of 15 minutes. $0. His income from different sources like TV Commercial, Charity Programs, business, and honorariums. Lowell McAdam (born May 28, 1954) is the chairman and CEO of Verizon Communications Inc., a company he joined in 2000. Clarence Otis, Jr. Daniel Schulman Gregory Weaver Kathryn Tesija Lowell McAdam M. Frances Keeth Mark Bertolini Melanie Healey Richard Carrion Rodney Slater Shellye Archambeau. Total Compensation: $19,278,335 (US$19.27 million) (Fiscal Year Ended 2018 Salary) Verizon Communications – Lowell McAdam, Former Chairman and Chief Executive Officer. McAdam’s total compensation for 2012 was $14 million, with a base salary of $1.4 million, according to a regulatory filing in March. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Lowell McAdam is the chairman and CEO of Verizon Communications Inc.. Scroll below and check more details information about Current Net worth as well as Monthly/Year Salary, Expense, Income Reports! View Lowell McAdam’s profile on LinkedIn, the world’s largest professional community. Total Named Director Compensation: The sum of all dollar values above. This information is according to proxy statements filed for the 2019 fiscal year. $287,637. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Lowell McAdam was born on 28 th may, in the year 1954, in Buffalo, New York. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. Total Compensation. Other. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. McAdam's total compensation for 2012 was $14 million, with a base salary … $0 was received as non-stock incentive plan compensation, His engagements with various international clubs and companies made him a rich person as a Model for them. As a member of Board of Directors at VERIZON COMMUNICATIONS INC, Alma mater: Cornell University University of San Diego [1] Occupation: Chairman and former CEO of Verizon Communications: Salary: US$18.2 million (2014) [2] Lowell Clayton McAdam (born May 28, 1954) [3] is an American businessman. You may also find the annual proxy statement by going directly to the company's website. Option Awards. The base salary adjustments take effect from March 2. The chart on this page features a breakdown of the total annual pay for Lowell McAdam at VERIZON COMMUNICATIONS INC as reported in their proxy statements. $0 was received as options, $83,333. $0. None-Stock Inc.Plan Comp. $0. The company also approved salary raises for Chief Financial Officer Francis Shammo and Verizon Wireless head Daniel Mead on Tuesday. The addition of McAdam brings Verizon's total board membership to … $0 came from other types of compensation. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. In-Store or Curbside Pickup: Orders must be placed before 5 PM, Mon – Sat, and Sun before 2 PM (excluding holidays) for same day pickup. Early life. … Born May 28, 1954 (age 65) Buffalo, New York, United States. Effective August 1, 2018, Hans Vestberg will succeed Lowell C. McAdam as CEO. Lowell McAdam is stepping down as CEO of Verizon Communications on Aug. 1, to be replaced by former Ericsson chief exec Hans Vestberg, the telco announced Friday. A free inside look at Lowell salary trends based on 122 salaries wages for 80 jobs at Lowell. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Verizon Communications Inc said it raised Chief Executive Lowell McAdam's base salary by about 7 percent and his long-term bonus to 750 percent of his base salary from 625 percent. Lowell McAdam Last updated October 17, 2019. With his appointment as Verizon CEO, Vestberg’s base salary will increase to $1.5 million (up from $807,497 in 2017), according to a regulatory filing. }); "Following the board's appointment of Lowell as president and COO last fall, we have been working to prepare Verizon's leadership transition, and Lowell has provided outstanding leadership in running the day-to-day operations of the business." VERIZON COMMUNICATIONS INC. Fiscal Year Ended in View local and national averages for salaries. Coronavirus Tips – Working and Protection. Thorough reviews have been conducted to assure this data accurately reflects disclosures. $287,637. (Reuters) - Verizon Communications Inc said it raised Chief Executive Lowell McAdam's base salary by about 7 percent and his long-term bonus to 750 percent of his base salary from 625 percent. After receiving his high school education Lowell enrolled in Cornell University and earned his engineering degree. After that he completed his MBA from the University of San Diego. Search job openings, see if they fit - company salaries, reviews, and more posted by McAdam employees. Enter an executive or company name. He was named CEO on Aug. 1, 2011, and chairman on Jan. 1, 2012. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. According to internet, Lowell McAdam's height is 1.75m. Verizon Communications's Lowell McAdam, the telco giant's CEO since 2011 and chairman since 2012, is retiring, the company said today. $0 was received as change in pension value and nonqualified deferred compensation earnings, You should note that the tax law only lets the company take $1 million dollars in deductions, and that’s why companies have a handful off different payouts after the word ‘salary’; but there are caveats. (de) Lowell McAdam (born May 28, 1954) is the chairman and CEO of Verizon Communications, a company he joined in 2000. We’ll email you when your order is ready for pickup. Stock Awards. Lowell C. McAdam is chairman and former chief executive officer of Verizon Communications, a leading provider of wireless, fiber-optic and global Internet networks and services. Equity . Salaries posted anonymously by Lowell employees. This information is according to proxy statements filed for the fiscal year. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Tags: AT&T Mobility, Daniel Hesse, Iphone, Lowell McAdam, Randall L. Stephenson, Salary, Securities and Exchange Commission, U.S. Securities and Exchange Commission, Verizon Wireless 0 10 highest paid chiefs in telecom industry in 2011 McAdam’s base salary was $1.58 million, $100,000 more than in 2013, his cash bonus fell to $3.8 million from $4.13 million, and his stock award … You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). See here for a complete list of exchanges and delays. Most recently Lowell sold 285,988 units of VZ stock worth $16,221,239 on 26 February 2019.. Lowell McAdam is a highly paid Chairperson official and he gets a high salary.
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