Verizon is #16 on the list of Fortune 500 companies which measures the largest U.S. companies by revenues. It has the largest customer base in the wireless mark and is poised to tap into 5G technology. It has invested in digital media with the acquisition of AOL and Yahoo! In 2018, Verizon had revenues of $130.9 billion and net income of $15.5 billion with capital investment of $16.7 billion. Each worker generated on average $905,626 of revenues.
This company is growing, and frontline workers are the foundation upon which Verizon’s future is being built. CWA members are a crucial part of Verizon’s growth, laying fiber, maintaining plant, installing and maintaining equipment, and staffing stores. The workers of Verizon Wireless who are seeking to organize and improve their workplaces are also critical to the company’s continued success, and their voices should be heard in the boardroom.
For these reasons, CWA members should take the opportunity to exercise their votes as shareholders, helping to shape the direction of the company and to establish principles that will govern the company. CWA has prepared this shareholders voting guide to offer some insight into the shareholder proposals in Verizon’s 2019 proxy statement. We encourage you to exercise your right to vote on this company’s future.
- ELECTION OF DIRECTORS - Vote your conscience
- RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS
INDEPENDENT AUDITOR - Vote Against
ADVISORY APPROVAL OF EXECUTIVE COMPENSATION - Vote Against
NONQUALIFIED SAVINGS PLAN - Vote For
INDEPENDENT CHAIR - Vote For
REPORT ON ONLINE CHILD EXPLOITATION - Vote For
CYBER SECURITY AND DATA PRIVACY - Vote For
SEVERANCE APPROVAL - Vote For
Click here for complete CWA Recommendations