Verizon Communications Inc. Elects Charles Phillips to Board

What Happened

• Verizon Communications Inc. announced (Form 8-K, Item 5.02) that its Board of Directors elected Charles Phillips as a director, effective September 25, 2026. Mr. Phillips is Co‑Founder & Managing Partner of Recognize Partners LP. The 8-K was filed on September 29, 2026.

Key Details

• Election date: September 25, 2026.
• New director: Charles Phillips, Co‑Founder & Managing Partner, Recognize Partners LP.
• Compensation: Mr. Phillips will participate in Verizon’s non‑employee director compensation program as described in the company’s definitive proxy statement on Schedule 14A filed April 6, 2026.
• Committee assignment: Mr. Phillips has not yet been named to any Board committee.

Why It Matters

• Board changes affect corporate governance and oversight; investors tracking Verizon’s leadership and governance should note this addition.
• The filing confirms Mr. Phillips will receive standard non‑employee director compensation per Verizon’s proxy, and future committee assignments could signal areas where the Board seeks his expertise.