Hans Vestberg
2019
In 2019, Hans Vestberg earned a total compensation of $18.1M as Chairman and Chief Executive Officer at Verizon Communications, a 19% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $4,125,000 |
|---|---|
| Salary | $1,500,000 |
| Stock Awards | $12,000,076 |
| Other | $470,279 |
| Total | $18,095,355 |
Vestberg received $12M in stock awards, accounting for 66% of the total pay in 2019.
Vestberg also received $4.1M in non-equity incentive plan, $1.5M in salary and $470.3K in other compensation.
Rankings
In 2019, Hans Vestberg's compensation ranked 216th out of 13,971 executives tracked by ExecPay. In other words, Vestberg earned more than 98.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 216 out of 13,971 | 99th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 25 out of 895 | 97th |
Major group Communications | 21 out of 268 | 92nd |
Industry group Telephone Communications | 6 out of 71 | 92nd |
Industry Telephone Communications, Except Radiotelephone | 4 out of 60 | 93rd |
Pay ratio
| Hans Vestberg's Pay | $18,095,355 |
|---|---|
| Median Employee's Pay | $172,971 |
| Pay Ratio | 105to 1 |
In 2019, the annual total compensation of Hans Vestberg was $18,095,355.
The annual total compensation of the median employee at Verizon Communications was $172,971.
The ratio of Hans Vestberg's pay to the pay of median employee was therefore 105 to one.
Source: SEC filing on March 23, 2020.
Vestberg's colleagues
We found four more compensation records of executives who worked with Hans Vestberg at Verizon Communications in 2019.