Daniel Schulman
Chief Executive Officer
Executive
1 yr
8 reports
Leadership change Daniel Schulman became Chief Executive Officer (from Chairman & CEO) · DEF 14A, 2026-04-06
Verizon Communications Inc. ·VZ
Consumer and Business divisions report directly to the CEO
Telecommunications · Fortune #31 · Divisional structure · 105K employees · New York, NY
View as of:
8
CEO span
↓ tighter than peers (avg 10)
2.4
Avg span
tight
3
Max depth
flat for 105K emp
3.8 yr
Avg tenure
↓ 1.4yr from FY2025
63%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$138.2B
Operating income
$29.3B
Net income
$17.2B
Total assets
$404.3B
Shares out
4.22B
Sourced from Verizon Communications Inc. DEF 14A · filed 2026-04-06 ↗ View on SEC
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Verizon Communications Inc. organizational chart
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Consumer and Business divisions report directly to the CEO, a defining feature of Verizon’s structure. This page maps the current executive org, recent leadership changes, and how Verizon’s divisional model compares with telecom peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Sowmyanarayan Sampath departed as EVP & Group CEO, Verizon Consumer
Stepped down February 4, 2026; separated March 27, 2026.
Source · See change logScenario views in the chart
- Appoint new Consumer CEO Hire or promote a permanent Group CEO for Verizon Consumer to stabilize divisional leadership.
- Add Chief Operating Officer Insert a COO layer to reduce CEO span and consolidate operational oversight.
Atlas work this supports
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The people
Who's running this
9 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Anthony Skiadas
Executive Vice President and Chief Financial Officer
Finance
5 yr
0 reports
internal
Kyle Malady
Executive Vice President and Group CEO, Verizon Business
Business
4 yr
0 reports
Open Role
Executive Vice President and Group CEO, Verizon Consumer
Consumer
0 yr
0 reports
internal
Joe Russo
Executive Vice President and President, Global Networks and Technology
Technology
6 yr
0 reports
internal
Vandana Venkatesh
Executive Vice President and Chief Legal Officer
Legal
3 yr
0 reports
Christy Pambianchi
Executive Vice President and Chief Human Resources Officer
HR
4 yr
0 reports
Diego Scotti
Executive Vice President and Chief Marketing Officer
Marketing
2 yr
0 reports
internal
Frank Boulben
Executive Vice President and Chief Administrative Officer
Administration
5 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Daniel Schulman $34.3M
- Base salary
- $375K
- Stock awards
- $32.77M
- Non-equity incentive
- $938K
- Other
- $224K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
7×CEO base salary
4×NEO base salary
5×Director cash retainer
Executives and directors must meet ownership multiples within required timeframes.
| Holder | Shares | % of class |
|---|---|---|
| Daniel Schulman | 981K | <1% |
The businesses
How Verizon Communications Inc. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Verizon Consumer
60K employees
EVP & Group CEO, Verizon Consumer (Open Role)
Provides wireless and broadband services to consumer and small business customers.
Verizon Business
20K employees
EVP & Group CEO, Verizon Business (Kyle Malady)
Delivers connectivity, security, and network services to enterprise and public-sector clients.
Global Networks and Technology
15K employees
EVP, Global Networks and Technology (Joe Russo)
Builds and operates Verizon’s wireless and wireline networks.
Corporate Functions
10K employees
CAO (Frank Boulben)
Includes finance, legal, HR, marketing, and other corporate functions.
The thesis
Why this org is unusual
Consumer and Business divisions report directly to the CEO, an unusually clear divisional split for a telecom of Verizon’s scale.
The chart shows two group CEOs at level 2 alongside functional chiefs, rather than consolidating P&L owners under a COO. This gives the CEO a wide span but preserves accountability for consumer and enterprise economics. The recent vacancy in the Consumer CEO role further highlights how central these divisional seats are to Verizon’s structure and succession planning.
- Direct Consumer and Business CEOs report to CEO
- No COO layer
- Recent Consumer CEO vacancy
The comparison
How Verizon Communications Inc. stacks up
Compared with AT&T and Deutsche Telekom, Verizon runs a cleaner divisional model with fewer regional layers. Peers often insert a COO or regional presidents between the CEO and business units, increasing depth. Verizon’s approach resembles T-Mobile’s flatter structure, though Verizon retains more heavyweight …
Reporting depth
Avg C-suite tenure
Current signals
What changed recently
The most significant change was the February 2026 departure of Consumer CEO Sowmyanarayan Sampath, leaving the Consumer division temporarily without a permanent leader.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2026
DEF 14A filed 2026-04-06
- CEO
- Daniel Schulman
- CEO span
- 8
- C-suite
- 5
- Avg tenure
- 3.8 yr
First full proxy reflecting Schulman as CEO and Sampath’s exit.
Named executive officers (5)
- Daniel Schulman - Chief Executive Officer since 2025
- Anthony Skiadas - Chief Financial Officer since 2021
- Kyle Malady - Group CEO, Verizon Business since 2022
- Vandana Venkatesh - Chief Legal Officer since 2023
- Sowmyanarayan Sampath - Former Group CEO, Verizon Consumer since 2021
FY2025
DEF 14A filed 2025-04-05
- CEO
- Hans Vestberg
- CEO span
- 9
- C-suite
- 6
- Avg tenure
- 5.2 yr
Consumer and Business both led by long-tenured group CEOs.
Named executive officers (5)
- Hans Vestberg - Chairman & CEO since 2018
- Anthony Skiadas - CFO since 2021
- Kyle Malady - Group CEO, Verizon Business since 2022
- Sowmyanarayan Sampath - Group CEO, Verizon Consumer since 2021
- Vandana Venkatesh - Chief Legal Officer since 2023
FY2024
DEF 14A filed 2024-04-04
- CEO
- Hans Vestberg
- CEO span
- 9
- C-suite
- 7
- Avg tenure
- 5.8 yr
Stable divisional leadership under Vestberg.
Named executive officers (5)
- Hans Vestberg - Chairman & CEO since 2018
- Anthony Skiadas - CFO since 2021
- Kyle Malady - Group CEO, Verizon Business since 2022
- Sowmyanarayan Sampath - Group CEO, Verizon Consumer since 2021
- Vandana Venkatesh - Chief Legal Officer since 2023
Year-over-year changes
CEO succession and the exit of the Consumer CEO reduced span and reset average tenure.
- CEO span: 9 → 8
- C-suite size: 6 → 5
- Avg tenure: 5.2 → 3.8 yr
- new Daniel Schulman - Chief Executive Officer (was Chairman & CEO) (DEF 14A, 2026-04-06)
- departed Sowmyanarayan Sampath - Group CEO, Verizon Consumer (was Group CEO, Verizon Consumer) (8-K, 2026-02-05)
The board
Board of directors
4 directors. 3 of 4 independent (75%). Source: most recent DEF 14A.
Mark Bertolini
Chair Independent
Former CEO, Aetna
Daniel Schulman
Inside
CEO, Verizon
Also on: Lazard, Cisco Systems
Laxman Narasimhan
Independent
Former CEO, Starbucks
Carol Tom
Independent
CEO, UPS
Also on: UPS
The board, organized
Board committees
2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent
Human Resources Committee
100% independent
- Laxman Narasimhan Chair
Frequently Asked Questions
Who is the CEO of Verizon Communications?
Daniel Schulman has served as CEO since October 4, 2025.
What type of organizational structure does Verizon Communications use?
Verizon uses a divisional structure centered on Consumer and Business units.
How many direct reports does Verizon Communications's CEO have?
The CEO currently has eight direct reports.
How has Verizon Communications's leadership changed recently?
In February 2026, Consumer CEO Sowmyanarayan Sampath departed, creating a vacancy in that key divisional role.
Who reports directly to Verizon Communications's CEO?
Direct reports include the CFO, Group CEO Verizon Business, Group CEO Verizon Consumer, and major functional EVPs.
Sources
- Form 8-K, Feb 5 2026
- Company Proxy, Oct 2025
- Form 8-K, Feb 2026
- SEC EDGAR: Verizon Communications Inc. DEF 14A Proxy Statement
- SEC EDGAR: Verizon Communications Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Verizon Communications Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/verizon/MLA 9th
"Verizon Communications Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/verizon/. Accessed .Chicago 17
Creately. "Verizon Communications Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/verizon/.Original SEC source View on SEC ↗
Verizon Communications Inc.. DEF 14A. Filed 2026-04-06. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/732712/000130817926000210/vz014688_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/verizon/ · last updated 2026-04-01