Verizon Chief Lowell McAdam’s Compensation Triples To $23.1 Million

Posted on Mar 20 2012 - 10:01am by Editorial Staff

Verizon Communications Chief Executive Officer Lowell McAdam’s total compensation tripled to $23.1 million after the company’s shares rose 11 percent since his promotion from chief operating officer. McAdam replaced Ivan Seidenberg the former chairman and chief executive officer who retired last year. McAdam’s stock options more than quadrupled to $18.8 million in 2011, company said in a regulatory filing.

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