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Verizon to Put Executive Pay to Shareholder Vote
Directors at Verizon Communications, under fire from shareholders over executive pay practices, said yesterday that they would put the company’s compensation plans to an annual vote by investors beginning at its general meeting in 2009.

Verizon Gives Shareholders Say on Pay
Verizon Board of Directors decided on November 1, 2007, to meet the demands of shareholder activists.

Amalgamated Bank Urges Verizon to Adopt Say on Pay
Amalgamated Bank's LongView Collective Investment Fund announced that it has urged the Verizon Board of Directors to adopt the advisory vote on executive compensation.

Institutional Investors Ask Verizon to Implement "Say on Pay"
A group of institutional investors have demanded that Verizon implement the shareholder proposal that received a majority vote at the 2007 annual meeting.

Australian Council of Super Investors Urges Verizon to Implement Shareholder Advisory Proposal
ACSI wrote to Verizon in early October 2007, urging the Company to implement the shareholder advisory proposal which received a majority vote.

About this Project

Warren Buffett once wrote, "In judging whether Corporate America is serious about reforming itself, CEO pay remains the test." At Verizon’s May 3, 2007 Annual Meeting, shareholders will have the opportunity to grade the company. They can vote on three important shareholder resolutions to help rein in executive compensation. They can also voice their opinions about the Human Resource Committee members who approve pay packages at Verizon. We think you should vote for these proposals and should withhold your vote on the HR Committee members. Find out why.

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