Special Advisor & Director recently sold US$11m worth of stock
On the 24th of February, Hans Vestberg sold around 225k shares on-market at roughly US$49.61 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade.
Artic Frost = Frontier Aquisition Jeopardy = Hans Weekend Termination = Farewell Video from Hall Closet
Vz Board Accountable
To sum this up!
Vz Board is an Epic Fail!
Dan is going get the stock where it needs to be. Agreed he may not leave the company in a good position when it is done, but shareholders have suffered immensely since Ivan's departure. It is about time that all the waste be trimmed. As bad as Hans was Lowell was far worse. Going all in on wireless was the most foolish move ever. It is as if he thought it magically worked as long as there were enough grifters selling at the strip malls of America. I will wait till Dan does his thing and sell near the end of his tenure. I wish him luck it is about time the house gets cleaned.
And all those fake crocodile tears Hans used to shed on those calls..The BOD should be ashamed for hiring him , knowing his background and paying him prime wages while the company continued to under perform. Meanwhile- those of us that continue to do all of
the hard work - get thrown all the sloppy seconds…lesson learned.
@a3 well said!
@ad Jeffrey, going to go to Charter Communications, has no talent and did not need to be retained any longer because Frontier, Jeffrey handled, one line of business not the multiple lines of business which Verizon continues to generate recurring revenue.
Should have fired Jeffrey before the merger completed so there would have been no additional payouts.
@aa hahahahaah "trousered" hahaah
He bought another Lambo with fake 5yeee
In the meanwhile the f-Frontier Communications CE&O Nick Jeffrey has made public today that he is joining Charter Communications as COO as of Sept. 1st, 2026 ....
@a4 remember that lowell came back to put his hands in the till a second time by brokering the Frontier purchase. He trousered $30m for that
Take your pick …. Hans , Lowell , really all of them since Ivan have driven the company into the ground all of them pilfering for themselves every step they took … Hans was a failure in Germany fired before coming here … if you think this new guy any better … u got another thing coming … heard he’s setup for 60 mil in bonus structure for hitting certain metrics by end of his 2 yr contract… well only way to get there is 1 way …. Chop everything everywhere …. So 60 to him 40 as golden parachute to Hans hummm how does a company recover from that ? Just wondering 🤔
@a2 the point-of-view is that Hans is an opportunistic individual, incompetent, and a sly and a clever fox.
Hans should have done a better job knowing the competitive landscape of US consumer market.
Hans should be stripped of all of the perks and clawed back to be accretive to the Verizon balance sheet.
Don't blame him, why would he hold shares in a company that's pushed him to the sidelines? He'll be gone before the end of the year, you expect him to keep the Verizon branded clothing too?