Clarence Otis - Verizon Communications Lead Independent Director

VERZ34 Stock  BRL 41.12  0.89  2.21%   

Director

Mr. Clarence Otis, Jr. is appointed as Lead Independent Director of Verizon Communications Inc., effective as of March 8, 2019. He Currently servers as Independent Director of the Company. Mr. Otis is the former Chairman and Chief Executive Officer of Darden Restaurants, Inc., the largest companyowned and operated fullservice restaurant company in the world. He served as CEO of Darden Restaurants from 2004 to 2014 and as Chairman from 2005 to 2014. After joining Darden in 1995 as Vice President and Treasurer, Mr. Otis served in a number of positions of responsibility, including Chief Financial Officer, Executive Vice President, and President of Smokey Bones Barbeque Grill, a restaurant concept formerly owned and operated by Darden since 2019.
Age 63
Tenure 5 years
Phone212 395 1000
Webhttps://www.verizon.com
Otis also served as a director of the Federal Reserve Bank of Atlanta from 2010 to 2015. He has served as a director of The Travelers Companies, Inc. since August 2017 and VF Corporationration since 2004. He has also been a director of 138 funds within the MFS Mutual Funds complex since March 2017.

Clarence Otis Latest Insider Activity

Tracking and analyzing the buying and selling activities of Clarence Otis against Verizon Communications stock is an integral part of due diligence when investing in Verizon Communications. Clarence Otis insider activity provides valuable insight into whether Verizon Communications is net buyers or sellers over its current business cycle. Note, Verizon Communications insiders must abide by specific rules, including filing SEC forms every time they buy or sell Verizon Communications'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Clarence Otis 20 hours ago
Insider Trading
 
Clarence Otis over six months ago
Insider Trading

Verizon Communications Management Efficiency

The company has return on total asset (ROA) of 0.0475 % which means that it generated a profit of $0.0475 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2476 %, meaning that it generated $0.2476 on every $100 dollars invested by stockholders. Verizon Communications' management efficiency ratios could be used to measure how well Verizon Communications manages its routine affairs as well as how well it operates its assets and liabilities.
Verizon Communications has accumulated 140.68 B in total debt with debt to equity ratio (D/E) of 2.4, implying the company greatly relies on financing operations through barrowing. Verizon Communications has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Verizon Communications until it has trouble settling it off, either with new capital or with free cash flow. So, Verizon Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Verizon Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Verizon to invest in growth at high rates of return. When we think about Verizon Communications' use of debt, we should always consider it together with cash and equity.

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DIRECTOR Age

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Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. VERIZON DRN operates under Telecom Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 129300 people. Verizon Communications (VERZ34) is traded on Sao Paulo Exchange in Brazil and employs 117,100 people.

Management Performance

Verizon Communications Leadership Team

Elected by the shareholders, the Verizon Communications' board of directors comprises two types of representatives: Verizon Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Verizon. The board's role is to monitor Verizon Communications' management team and ensure that shareholders' interests are well served. Verizon Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Verizon Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ronan Dunne, Executive Vice President, Group Chief Executive Officer of Verizon’s Consumer Group
Samantha Hammock, Ex Officer
Brady Connor, Senior Vice President
Gregory Weaver, Independent Director
Daniel Schulman, Independent Director
Tami Erwin, Executive Vice President, Group Chief Executive Officer - Verizon Business
Anthony Skiadas, Senior Vice President Controller
Clarence Otis, Lead Independent Director
Diego Scotti, Chief Marketing Officer
Mark Bertolini, Independent Director
Matthew Ellis, Chief Financial Officer, Executive Vice President
K Gowrappan, Executive Vice President, Group Chief Executive Officer - Verizon Media
Kyle Malady, Executive Vice President, Chief Technology Officer
Vittorio Colao, Independent Director
Roxanne Austin, Director
Shellye Archambeau, Independent Director
Tamara Erwin, Advisor
Vandana Venkatesh, Ex Officer
Rodney Slater, Independent Director
Christine Pambianchi, Chief Human Resource Officer, Executive Vice President
Melanie Healey, Independent Director
Hans Vestberg, Executive Vice President CTO and President - Global Networks
Rima Qureshi, Executive Vice President Chief Strategy Officer
James Gerace, VP Officer
Craig Silliman, Executive Vice President, Chief Administrative, Legal and Public Policy Officer
Magda Yrizarry, VP Officer

Verizon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Verizon Communications a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Verizon Stock

When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verizon Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Verizon Stock refer to our How to Trade Verizon Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, there is a significant difference between Verizon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Verizon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verizon Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.