BUSINESS
By Jay Hancock and Jay Hancock,Sun Columnist | May 23, 2007
What in the world happened to corporate America to make somebody like Bill Jones, a registered Republican and former senior manager for what's now Verizon Communications, turn on the system that gave him a career and a life? The answer is complicated. But if you guessed it has something to do with the $20 million that Verizon CEO Ivan Seidenberg pocketed last year for driving Verizon profits down 16 percent, you're onto something. At this month's Verizon shareholders meeting, Jones introduced and won one of the most radical proposals yet to make corporate boards answerable for runaway executive pay. By a narrow majority, Verizon owners urged directors to give shareholders a nonbinding, annual vote - thumbs up or thumbs down - on pay for the top five bosses.
NEWS
November 3, 2006
Ralph J. Schrader, a retired Bell Atlantic-Maryland supervisor and World War II veteran, died of Parkinson's disease Monday at his Parkton home. He was 79. Born in Beaumont, Pa., and raised there and in Dallas, Pa., he moved to Baltimore with his family in 1942 and enlisted the next year in the Army. He served as a paratrooper in the Pacific. In 1950, Mr. Schrader went to work as a lineman for the old Chesapeake & Potomac Telephone Co., and was later promoted to supervisor. He retired in 1988 from successor company Bell Atlantic-Maryland.
NEWS
July 29, 2002
Daniel J. Lyons III, a retired Bell Atlantic employee, died Tuesday of Lewy body disease, a degenerative neurological ailment, at St. Elizabeth Rehabilitation and Nursing Center in Southwest Baltimore. The Cambridge resident was 60. He retired in 1999 from Bell Atlantic after 39 years as a pay phone coin collector in Baltimore, and later on the Eastern Shore, where he moved in 1982. Born in Baltimore and raised in Edmondson Village and Gwynn Oak, he was a 1960 graduate of Milford Mill High School.
BUSINESS
By Andrew Ratner and Andrew Ratner,SUN STAFF | June 21, 2001
Unionized workers protested outside offices of Verizon Communications Inc. yesterday in five cities, including Baltimore, alleging violations of the labor agreement that settled an 18-day strike against the telecommunications company last summer. Stirred by John J. Sweeney, president of the AFL-CIO, about 150 Verizon employees, wearing red T-shirts and carrying purple signs, chanted and marched in front of the company's offices on East Pratt Street at noon. The Communications Workers of America contend that the company - the nation's largest local and wireless telephone company - has thwarted organizing by workers in two divisions that handle wireless communications and yellow-page directory listings.
NEWS
By Mark Guidera and Mark Guidera,SUN STAFF | August 19, 2000
Verizon Communications Inc. and unions representing 87,000 workers reported progress in contract negotiations yesterday as a strike against the telecommunications giant headed into its third week. Union negotiators reported that "substantial progress" had been made on a new contract and that marathon bargaining sessions were under way. "We're still working to resolve several key issues. We very much want a settlement to the strike," said Candice Johnson, a spokeswoman for the Communications Workers of America.
BUSINESS
By Rona Kobell and Rona Kobell,SUN STAFF | August 16, 2000
As the strike against Verizon Communications pushed into its 10th day, both company and union officials turned up the rhetoric yesterday even as they reported progress. Verizon spokesman Eric Rabe said the company's latest proposal, issued late Monday, addresses the unions' concerns about diverting call center work and alleviating job stress. "It could come together in a matter of hours ... ," he said. "We think we're there." But Rabe, who has been cautiously optimistic through much of the strike, seemed to tire of his own refrain that an end was near.