Take Action | Communications Workers of America

Tell Verizon CEO Lowell McAdam: Stop Being Greedy

Verizon workers have seen the company rake in billions of dollars in the past four years, and compensate top executives with $283 million in salary and bonuses. And it just keeps getting worse: Verizon recently tripled the compensation of its CEO, Lowell McAdam—from $7.2 million to $23.1 million A YEAR.

But when it comes to the 45,000 workers who have made their success possible, Verizon cries broke.

Verizon has sent thousands of American jobs overseas and wants to outsource even more, gut pensions, charge current and retired employees thousands of dollars more for health benefits—even cut disability benefits for workers injured while doing their jobs.

It's wrong. But together we have the power to make it right. Send this letter to Verizon CEO Lowell McAdam to let him know that you stand with Verizon workers against corporate greed and for a fair contract. Let him know that you expect him to treat the workers right and negotiate a fair contract now.

  To: Lowell McAdam
Congratulations! I just heard the news - that Verizon tripled your compensation from $7.2 million in 2010 to $23.1 million last year.

Now Verizon needs to recognize that the rest of its workforce has also contributed to its profits. Gutting pensions, charging current and retired employees thousands of dollars more for health benefits and cutting disability benefits for workers injured while doing their jobs is no way to say thanks.

In less than a day, you earn more than the average union worker at Verizon earns in a year. Having a pension and affordable healthcare and financial security if they are injured on the job helps keep Verizon workers in the middle class and helps keep America strong.

It's time to stop pretending the Verizon can't afford a fair contract for its employees.

Lowell McAdam

Verizon


Communications Workers of America, 501 3rd Street NW, Washington, DC 20001 | Phone (202) 434-1100