Verizon Executive Compensation
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Executive |
Compensation*, 2007 |
Compensation, 2006 |
Compensation, 2005 |
Additional VZ contributions to retirement & savings plans** |
Additional income from serving on other corporate boards |
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Ivan Seidenberg Chairman & CEO |
$26,553,576 |
$21,260,734 |
$19,425,000 |
$14,392,450 |
$471,467 |
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Lawrence Babbio Retired Vice Chairman & President |
Retired |
$11,758,700 |
$11,674,100 |
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Dennis Strigl President & Chief Operating Officer |
$18,406,140 |
$14,601,207 |
$11,209,600 |
$ 1,335,113 |
$ 325,576 (2006 figure) |
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William Barr Exec. Vice President & General Counsel |
$9,690,617 |
$8,703,836 |
$6,851,400 |
$14,715,727 |
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Doreen Toben Exec. Vice President & CFO |
$9,465,325 |
$8,502,049 |
$ 6,736,800 |
$ 5,346,395 |
$114,453 |
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Lowell McAdam Exec. Vice President & CEO of Verizon Wireless |
$18,089,163 |
Not available |
$5,034,527 |
Not available |
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*Compensation includes salary, bonus, stock awards, change in pension value, and perks such as company contributions to savings plans, personal use of company aircraft and vehicles, financial planning, and taxes paid on perks.
**Cumulative total of amounts not already included in annual compensation figures.
Source: Company's proxy statements. |
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