Summary
This 8-K filing from Verizon Communications Inc. (VZ) announces a significant change in its Board of Directors. Kathryn A. Tesija, a current board member, has informed the company that she will not seek re-election at the upcoming 2020 annual meeting of shareholders. This decision means her term will conclude at that meeting. While the filing does not provide specific reasons for Ms. Tesija's departure, her decision is a key event for investors to note regarding board composition and governance. Investors should monitor future filings for any additional information or appointments to the board as Verizon prepares for its annual meeting.
Key Highlights
- 1Kathryn A. Tesija, a member of Verizon's Board of Directors, will not stand for re-election.
- 2Ms. Tesija's current term will expire at the 2020 annual meeting of shareholders.
- 3The company has disclosed this information via an 8-K filing on February 5, 2020.
- 4No specific reason for Ms. Tesija's decision was provided in the filing.
- 5This indicates a change in the board's composition at the upcoming shareholder meeting.
Frequently Asked Questions
Kathryn A. Tesija is a member of the Board of Directors of Verizon Communications Inc.
The 8-K filing does not provide a specific reason for Ms. Tesija's decision not to stand for re-election.
Ms. Tesija's term as a director will end when her current term expires at Verizon's 2020 annual meeting of shareholders.
No, this specific 8-K filing only announces the departure of Kathryn A. Tesija from the Board of Directors. It does not mention any other changes to the board or executive team.