Stephenson Retires as AT&T CEO
Friday, April 24, 2020 | Comments

After serving 13 years as AT&T’s Chairman and CEO, Randall Stephenson announced he will retire as CEO but will serve as executive chairman of the board of directors until January 2021 to ensure a smooth leadership transition.

The AT&T elected AT&T President and Chief Operating Officer (COO) John Stankey as CEO effective July 1 and a member of the board of directors effective June 1. Stankey's selection as AT&T's next CEO completes the final phase of a succession planning process that AT&T's board began in 2017, which included a thorough evaluation of internal and external candidates.

Stankey has served as president and COO since October. He joined AT&T in 1985 and has more than 30 years of leadership spanning nearly every area of AT&T’s business, from corporate strategy and technology, to operations and media and entertainment. Stankey has served in a variety of roles.

Later this year, AT&T’s board will elect an independent director to chair the board of directors when Stephenson retires as executive chairman in January 2021.

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