Hans Vestberg
2020
In 2020, Hans Vestberg earned a total compensation of $19.1M as Chairman and Chief Executive Officer at Verizon Communications, a 6% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $3,637,500 |
|---|---|
| Salary | $1,500,000 |
| Stock Awards | $13,300,074 |
| Other | $660,008 |
| Total | $19,097,582 |
Vestberg received $13.3M in stock awards, accounting for 70% of the total pay in 2020.
Vestberg also received $3.6M in non-equity incentive plan, $1.5M in salary and $660K in other compensation.
Rankings
In 2020, Hans Vestberg's compensation ranked 243rd out of 13,090 executives tracked by ExecPay. In other words, Vestberg earned more than 98.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 243 out of 13,090 | 98th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 25 out of 772 | 97th |
Major group Communications | 19 out of 231 | 92nd |
Industry group Telephone Communications | 3 out of 54 | 94th |
Industry Telephone Communications, Except Radiotelephone | 1 out of 43 | 98th |
Pay ratio
| Hans Vestberg's Pay | $19,097,582 |
|---|---|
| Median Employee's Pay | $170,288 |
| Pay Ratio | 112to 1 |
In 2020, the annual total compensation of Hans Vestberg was $19,097,582.
The annual total compensation of the median employee at Verizon Communications was $170,288.
The ratio of Hans Vestberg's pay to the pay of median employee was therefore 112 to one.
Source: SEC filing on March 29, 2021.
Vestberg's colleagues
We found four more compensation records of executives who worked with Hans Vestberg at Verizon Communications in 2020.