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Verizon logoVerizon VZ

Verizon said its board on June 27, 2024 elected Caroline A. Litchfield as a director, effective October 1, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Verizon said its board on June 27, 2024 elected Caroline A. Litchfield as a director, effective October 1, 2024.

  2. The company said Litchfield is Executive Vice President and Chief Financial Officer of Merck & Co., Inc., according to the filing.

  3. Verizon said Litchfield will participate in the compensation program for all non-employee directors. It said the program is described in the "Non-Employee Director Compensation" section of the definitive proxy statement on Schedule 14A filed on March 25, 2024.

  4. The company said Litchfield has not yet been named to a Board committee.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Director Election and Effective Date

Verizon said its board on June 27, 2024 elected Caroline A. Litchfield as a director, effective October 1, 2024.

Source · Based on the filing body and exhibits

Current Roles of Newly Elected Director

The company said Litchfield is Executive Vice President and Chief Financial Officer of Merck & Co., Inc., according to the filing.

Source · Based on the filing body and exhibits

Application of Non-Employee Director Compensation Program

Verizon said Litchfield will participate in the compensation program for all non-employee directors. It said the program is described in the "Non-Employee Director Compensation" section of the definitive proxy statement on Schedule 14A filed on March 25, 2024.

Source · Based on the filing body and exhibits

Board Committee Assignment Status

The company said Litchfield has not yet been named to a Board committee.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.