As the new CEO of Verizon, Dan Schulman will receive an annual base salary of $1.5 million, in addition to substantial performance-based bonuses and stock awards that could bring his total compensation to tens of millions of dollars.
His compensation package includes:
Base Salary: $1,500,000 per year.
Short-Term Incentive Plan: He is eligible for a target bonus opportunity equal to 250% of his base salary, based on performance.
Long-Term Equity Awards: Schulman will receive various stock awards, including restricted stock units (RSUs) and performance stock units (PSUs), with a potential value of up to $59.5 million depending on the company's future performance relative to its peers.
Schulman, who previously served as the CEO of PayPal, was appointed to lead Verizon in October 2025, taking over from the ousted Hans Vestberg. His contract runs through 2027.
For more detailed information, please refer to Verizon's official SEC filings regarding executive compensation.
5 replies (most recent on top)
Didn't mention the layoffs are effective FIVE DAYS BEFORE CHRISTMAS. 27 years loyalty and my husband is laid off 5 days before Christmas.
Meanwhile they are letting go over 13,000 employees....corporate America at what they do best!!!
Maybe with than money he can buy a real pair of boots and stop wearing his wife’s.
250% STI is super sweet for an already rich guy
Ridiculous. Anyone in Vz past 25 yrs kniws tge issues and solutions.
Call Denny Strigil… he would get it done in 6 months for $6M