Verizon Shareholders Vote Down Climate and Discrimination Reports While Backing Executive Pay

Verizon shareholders unearth lead cable debate

Verizon shareholders lost a bid to make the company provide detailed information on the scale of lead-sheathed cable still being used, an issue highlighted in a series of press reports in 2023 which is proving hard to bury. Preliminary results from Verizon’s annual meeting show a defeat for a proposal the operator should conduct an in-depth assessment of the amount of lead-covered cables it still uses. The Association of BellTel Retirees owns 21…

Verizon Shareholders Vote Down Climate and Discrimination Reports While Backing Executive Pay

Key shareholder votes favor management at annual meeting: executive compensation approved, climate and discrimination proposals rejected. See full voting breakdown.