Management Change/Compensation - Form 8-K

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Verizon Communications Inc. ("Verizon") announced that Craig L. Silliman, Verizon's Executive Vice President and President - Verizon Global Services, would step down from his current position effective July 1, 2024. Mr. Silliman will continue to report to Hans E. Vestberg, the Chairman and Chief Executive Officer of Verizon, as a strategic advisor until he leaves Verizon at the end of 2024.