In 2018, Lowell C. McAdam earned $14.28M in total compensation at Verizon Communications, including $1.66M salary and $12.00M in stock. Most recently sold 285,988 shares in Feb 2019. Currently holds stock worth $16.38M. Has donated $7.32M in stock to charitable causes. Led Verizon Communications as CEO for 7 years.
Compensation History
Annual executive compensation data for Lowell C. McAdam, including salary, bonuses, and stock awards.
Year
2018
Total Compensation
$14.28M
Salary
$1.66M
Bonus
$0.00
Other
$616.28K
Salary
$1.66MBoard Justification
Verizon's compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while also focusing on retention and competitive market practices.
Bonus
$0.00Board Justification
No cash bonus was awarded for 2018.
Other Compensation
$616.28KBoard Justification
Other compensation includes contributions to retirement plans, life insurance benefits, and other perquisites.
Restricted Stock
Board Justification
The value of the stock awards that vested in 2018 includes Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) that were granted in prior years and vested based on performance metrics and time-based vesting schedules.
Performance Metrics
The performance metrics for 2018 included adjusted earnings per share (EPS), free cash flow, total revenue, and diversity and sustainability targets.
Lowell C. McAdam
Ex-CEO of Verizon Communications
Education
MBA from San Diego State University
Field of Expertise
Technology & Engineering - Telecommunications
Sector of Economy
Communication Services
Born
May 28, 1954 - 71 years ago
CEO of Verizon Communications for
7 years 0 months (Aug 2011 - Aug 2018)
Previous Experience
President and CEO of Verizon Wireless
Other Verizon Communications CEOs
Holdings
Track Lowell C. McAdam's stock holdings and portfolio value over time.
Total Stock Sold
$16.20M
$16.20M
285,988 VZ shares
What if they kept their stock?
If Lowell C. McAdam didn't sell their stock, today they would have:
Extra VZ285,988 shares worth $11.80M.
This is -27.15% and $4.40M less than what they got when they sold the stock.
Charitable Transactions
177,314 shares
VZ
Recent Charitable Transactions
420 shares
VZ
Dec 13, 2018
Charity
400 shares
VZ
Dec 28, 2017
Charity
175,519 shares
VZ
Dec 14, 2017
Charity
325 shares
VZ
Dec 29, 2016
Charity
275 shares
VZ
Dec 17, 2015
Charity
225 shares
VZ
Dec 17, 2014
Charity
Insider Trading
Lowell C. McAdam's recent stock transactions, purchases, and sales filed with the SEC.
$16.22M
VZ at $56.72/share
Feb 26, 2019
Sale
420 shares
VZ
Dec 13, 2018
Charity
400 shares
VZ
Dec 28, 2017
Charity
175,519 shares
VZ
Dec 14, 2017
Charity
325 shares
VZ
Dec 29, 2016
Charity
275 shares
VZ
Dec 17, 2015
Charity
225 shares
VZ
Dec 17, 2014
Charity
150 shares
VZ
Dec 20, 2013
Charity
Rivals
Compare Lowell C. McAdam with competitor CEOs and industry peers.
Mark Zuckerberg
Founder and CEO of Meta Platforms, Inc.
2023 Compensation
Stock
$0.00
Salary
$1.00
Bonus
$0.00
Other
$27.22M
Total Holdings
$68.36K
William F. Gifford, Jr.
CEO of Altria Group
2023 Compensation
Stock
$2.04M
Salary
$1.35M
Bonus
$2.73M
Other
$228.07K
Total Holdings
$71.61K
Timothy Charles Wentworth
CEO of Walgreens Boots Alliance
2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$0.00
Other
$0.00
Total Holdings
$25.30M
Sundar Pichai
CEO of Alphabet Inc.
2024 Compensation
Stock
$51.70M
Salary
$2.02M
Bonus
$0.00
Other
$8.30M
Total Holdings
$399.66M
John Stankey
CEO of AT&T
2024 Compensation
Stock
$18.15M
Salary
$2.40M
Bonus
$0.00
Other
$313.51K
Total Holdings
$3.87M
Brian L. Roberts
CEO of Comcast
2023 Compensation
Stock
$5.32M
Salary
$2.50M
Bonus
$8.55M
Other
$199.05K
Total Holdings
$12.20M