Proxy Vote Update: Verizon Communications

Below are the resources for and the results of our recent Proxy Vote on behalf of our clients:
Proxy Materials:

rF Voting results:

  1. Vote for the election of of the following nominees:
    1. Shellye L Archambeau – For
    2. Mark T Bertolini – For
    3. Richard L Carrion – For
    4. Melanie L Healey – For
    5. M Francis Keeth – For
    6. Lowell C McAdam – Against (Conflict of Interest).
    7. Donald T Nicolaisen – For
    8. Clarence Otis Jr – For
    9. Rodney E Slater – For
    10. Kathryn A Tesija – For
    11. Gregory D Wasson – For
  2. Ratification of the appointment of  independent public accounting firm – For
  3. Advisory vote to approve executive compensation  – Against (Awards are excessive).
  4. Network neutrality report – For
  5. Political spending report – For
  6. Severance approval policy – For
  7. Stock retention policy – For
  8. Shareholder action by written consent – For
Post by Phil Ratcliff

Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.