Verizon shareholders approve management proposals at 2026 annual meeting

Verizon Communications Inc. (NYSE: VZ) announced preliminary voting results from its 2026 annual meeting of shareholders held May 21. The virtual meeting saw shareholders elect all nine director nominees to one-year terms.

Shareholders approved three management proposals, including compensation for named executive officers as outlined in the 2026 proxy statement, the company's 2026 long-term incentive plan, and the appointment of Ernst & Young LLP as independent registered public accounting firm.

Two shareholder proposals were defeated. The first sought a report on board oversight of climate change-related material issues, while the second proposed adopting a mandatory independent board chair policy. A third shareholder proposal regarding risks of non-fiduciary executive compensation metrics was withdrawn by the proponent and not presented at the meeting.

The company stated that vote tallies remain preliminary pending final tabulation and certification by independent inspectors of election. Final results will be posted on Verizon's investor relations website.

Verizon reported revenues of $138.2 billion in 2025, according to the press release statement. The telecommunications company is headquartered in New York City and serves customers worldwide, including nearly all Fortune 500 companies.

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