Verizon is the sixth Dow Industrial Company I have researched on Top-Tier Executives Average % Pay Raises Per Year.
The US Government should require all US Corporate Boards to include at least one worker representative or else Income Inequality will never narrow.
I will continue this same research for many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion.
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | ||||||
Verizon | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | 2013 | 2012 | |||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | |||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | |||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | ||||||
Vestberg | N/A | N/A | |||||||||||||||
McAdam | 18,638 | 17,938 | 17,938 | 17,675 | 17,675 | 18,344 | 18,344 | 18,307 | 18,307 | 15,827 | 15,827 | 14,049 | |||||
Stratton | 15,647 | 13,540 | 13,540 | 7,041 | 7,041 | 7,057 | 7,057 | 6,344 | 6,344 | 5,575 | 5,575 | 5,061 | |||||
Reed | 7,352 | 6,267 | 6,267 | 6,173 | N/A | N/A | |||||||||||
Ellis | 7,061 | 5,649 | 5,649 | 2,697 | N/A | N/A | |||||||||||
Walden | 7,257 | 6,748 | 6,748 | 6,801 | N/A | N/A | N/A | ||||||||||
Shammo | 7,205 | 7,241 | 7,241 | 6,499 | 6,499 | 5,941 | 5,941 | 5,215 | |||||||||
Mead | 8,329 | 7,678 | 7,678 | 7,181 | 7,181 | 6,400 | |||||||||||
Milch | 5,620 | 5,030 | 5,030 | 4,726 | |||||||||||||
Totals | 48,698 | 43,394 | 50,651 | 40,334 | 38,669 | 39,443 | 40,971 | 38,828 | 44,448 | 39,554 | 39,554 | 35,451 | |||||
Annual % Change | 12.2% | 25.6% | -2.0% | 5.5% | 12.4% | 11.6% | |||||||||||
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | ||||||||||
Verizon | 2012 | 2011 | 2011 | 2010 | 2010 | 2009 | 2009 | 2008 | |||||||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | |||||||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | |||||||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | ||||||||||
Milch | 4,726 | 4,566 | N/A | N/A | |||||||||||||
Seidenberg | 26,455 | 31,948 | 31,948 | 24,418 | 17,534 | 20,333 | |||||||||||
McAdam | 14,049 | 23,120 | 23,120 | 7,196 | 7,196 | 10,273 | 10,273 | 7,636 | |||||||||
Ruesterholz | 5,401 | 4,823 | |||||||||||||||
Mead | 6,400 | 5,661 | 5,661 | 4,182 | N/A | N/A | |||||||||||
Shammo | 5,215 | 5,051 | 5,051 | 4,160 | N/A | N/A | |||||||||||
Stratton | N/A | N/A | |||||||||||||||
Killian | 7,405 | 9,794 | N/A | N/A | |||||||||||||
Strigl | 29,121 | 12,268 | |||||||||||||||
Toben | 9,390 | 7,145 | |||||||||||||||
Barr | |||||||||||||||||
Totals | 30,390 | 38,398 | 65,688 | 52,309 | 46,549 | 44,485 | 66,318 | 47,382 | |||||||||
Annual % Change | -20.9% | 25.6% | 4.6% | 40.0% | |||||||||||||
10 Year Avg Per Year % Change | 11.5% |