Jennifer Mann
VERIZON COMMUNICATIONSAbout Jennifer Mann
Jennifer K. Mann is Executive Vice President and President of the North America Operating Unit at The Coca‑Cola Company (leading the company’s largest operating unit since January 1, 2023) and was elected as a non‑employee director of Verizon Communications Inc. on August 25, 2025 . She holds an accounting degree from Georgia State University and resides in Atlanta; external sources list her current age as 52 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| The Coca‑Cola Company | EVP & President, North America Operating Unit | Jan 1, 2023 – present | Leads largest operating unit; growth, people-first leadership |
| The Coca‑Cola Company | President, Global Ventures | c. 2019 – 2022 | Scaled acquisitions/brands incl. Costa Coffee, Monster investment |
| The Coca‑Cola Company | Chief People Officer; Chief of Staff to CEO | Prior to 2019 | Drove culture evolution and engagement |
| The Coca‑Cola Company | VP & GM, Coca‑Cola Freestyle | 2012–2015 | Accelerated global expansion of Freestyle |
| The Coca‑Cola Company | VP, Foodservice & On‑Premise Strategy & Marketing (Coke Refreshments) | Prior roles | Operations and customer leadership |
| The Coca‑Cola Company | Director, McDonald’s Customer & Consumer Operations; Director, Good Answer | Prior roles | Customer leadership |
| The Coca‑Cola Company | Manager, National Customer Support (North America) | 1997 (joined) | Early operations role |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Coca‑Cola FEMSA | Director | Current | Beverage bottler board service |
| fairlife LLC | Director | Current | Dairy brand board service |
| Coca‑Cola Consolidated | Director | Current | U.S. bottler; noted in Coca‑Cola bio PDF |
| American Beverage Association | Director | Current | Trade association |
| Boys & Girls Clubs of America | Director | Current | Nonprofit board |
| Morehouse College | Trustee | Current | Board of Trustees |
| Ronald McDonald House Charities | Director | Current | Nonprofit board |
Board Governance
- Election and status: Elected to Verizon’s Board effective August 25, 2025; participates in the standard non‑employee director compensation program; not yet named to any Board committee at the time of appointment .
- Independence and policies: Verizon maintains strong governance practices including robust independent oversight (10 of 11 directors independent as of April 7, 2025), executive sessions, proxy access, and stock ownership requirements for directors (5x the cash component of annual retainer within four years) . Verizon prohibits hedging of company stock by directors and executives .
- Committee landscape and responsibilities: Verizon’s standing committees are Audit, Corporate Governance & Policy, Finance, and Human Resources, with clear charters and frequent meetings; directors may sit on multiple committees and newly appointed directors attend all committees for onboarding .
- Time-commitment limits: Board policy caps service at no more than four public company boards for non‑executive directors; Audit Committee members should serve on no more than two other public company audit committees .
Fixed Compensation
| Component | Structure/Amount | Evidence |
|---|---|---|
| Annual cash retainer (baseline) | $125,000 (observed for non‑chair directors in 2024) | |
| Committee chair cash premium | Observed total cash fees of $145,000–$155,000 for chairs in 2024 | |
| Lead Independent Director cash premium | Observed total cash fees $200,000 in 2024 | |
| Annual equity grant (stock awards) | $210,000 grant‑date fair value (FASB ASC 718) in 2024 for most directors | |
| Options, meeting fees | No option awards; meeting fees not disclosed; non‑equity incentives $0 |
As disclosed in Verizon’s 8‑K, Ms. Mann will participate in this standard non‑employee director program beginning with her appointment .
Performance Compensation
| Metric/Design | Detail | Evidence |
|---|---|---|
| Non‑employee director incentives | None; options and non‑equity incentives not granted in 2024 | |
| Clawbacks (context) | Robust clawbacks apply to executives; disclosure of policy in 10‑K; directors’ cash/equity program is fixed retainer + stock |
Other Directorships & Interlocks
| Company/Entity | Sector | Potential Interlock/Conflict Considerations |
|---|---|---|
| The Coca‑Cola Company (EVP) | Consumer beverages | Large enterprise customer of telecom services; typical commercial relationships but no related‑party transactions disclosed by Verizon in 2024; related‑party oversight handled by Governance & Policy Committee |
| Coca‑Cola FEMSA; Coca‑Cola Consolidated | Beverage bottlers | Customer-facing enterprises; public company directorships count toward Verizon’s board service limits |
| American Beverage Association; fairlife LLC; Morehouse; Boys & Girls Clubs; RMHC | Trade association/private/nonprofit | No competitive overlap with Verizon; time‑commitment monitored per Verizon policy |
Expertise & Qualifications
- 25+ years of operating and customer leadership at Coca‑Cola; deep experience scaling acquisitions, brand portfolios, and North America operations .
- Human capital, culture, and organizational transformation experience (Chief People Officer, Chief of Staff to CEO) .
- Product and technology commercialization through Coca‑Cola Freestyle expansion (2012–2015) .
- Accounting background (Georgia State University) supporting financial literacy for board oversight .
Equity Ownership
| Item | Status/Requirement | Evidence |
|---|---|---|
| Initial beneficial ownership at appointment | Form 3 filed August 26, 2025: “No securities are beneficially owned.” | |
| Ownership guideline (directors) | Must attain 5x the cash component of annual retainer within 4 years of joining the Board | |
| Anti‑hedging policy | Hedging and short‑selling of Verizon stock prohibited for directors | |
| Pledging | 2025 proxy notes “No shares are pledged as security” in stock table footnote; not specific to Ms. Mann |
Insider Filings
| Form | Filing Date | Key Disclosure |
|---|---|---|
| Form 3 (Initial Statement of Beneficial Ownership) | Aug 26, 2025 | Director; no securities beneficially owned; POA filed |
| S‑3ASR/S‑4 signatures | Aug 29, 2025; Oct 2, 2025 | Listed and signed as Director in registration statements |
Governance Assessment
- Positives: Fresh board addition with deep consumer, operations, and large‑scale brand portfolio experience; aligns with Verizon’s board refreshment focus and skills matrix; subject to robust director stock ownership and anti‑hedging policies .
- Alignment: Initial holding was zero, but she must meet 5x retainer ownership within four years, creating clear alignment ramp; standard director equity grants ($210k in 2024) support ownership accumulation .
- Engagement: Not yet assigned to committees; Verizon’s onboarding process has new directors attend all committee meetings initially, facilitating rapid engagement and effectiveness .
- Potential risks/monitoring: Time‑commitment given multiple external boards and an executive role at Coca‑Cola—monitored under Verizon’s policy limiting public board service; related‑party exposures are reviewed by the Governance & Policy Committee; no related‑party transactions were disclosed for 2024 (pre‑appointment) .