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Association of BellTel Retirees, Inc.

Archives for March 2019

Retiree Shareholders Seek to Cut Back Verizon’s Golden Parachutes and “Above Market” Payouts

FOR IMMEDIATE RELEASE COLD SPRING HARBOR, N.Y. — Verizon (NYSE:VZ) retiree shareholders are seeking to hold top executives more accountable with two proxy proposals this year asking to prohibit “above-market earnings” for senior executive retirement savings (“SERPs”), and seeking shareholder approval of “Golden Parachute” payouts exceeding three times salary and bonus. The 2019 Verizon Shareholders… Read More »

It’s Time for the Family to Get Back Together

By Jack Cohen, Chairman Association of BellTel Retirees, Inc. Sure, “Divestiture” broke up the original AT&T effective January 1, 1984 into “Baby Bells.”  But, does this have to continue into retirement?  Where is it written that the family can’t reassemble in retirement? At a recent board meeting of the Association of BellTel Retirees, as we… Read More »

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