A group of Verizon Communications investors will be the first to test a dramatically different approach to evaluating executive compensation. The telecommunications company was selected by the group of investors due to its discount to its peers, excessive executive compensation and large bet on a future project - FiOS. The company's shareholders have created a forum through which they can discuss the prospects of the capital-intensive project as well as ways in which management can be incentivized to make it work. In fact, one of the primary objectives of the forum is to get investors thinking about management's stake in the success of FiOS and getting them to ask questions if it is not the case. The company is currently evaluating whether or not to particpate in the forum sponsored by ShareholderForum.com. Regardless, this is certainly an interesting development to follow...