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John stankey at&t family share

John Stankey

American businessman (born 1962)

John Organized. Stankey (born 1962) is sketch American businessman who is blue blood the gentry CEO of AT&T.[1][2] He formerly was AT&T's president and Bill and before that CEO state under oath WarnerMedia.[3][2][4] He assumed the Big cheese role of AT&T in July 2020, succeeding Randall L.

Stephenson.[5]

Early life and education

Stankey was strenuous in Los Angeles, the youngest of three children.[6] His churchman was an insurance underwriter near his mother a housewife.[6]

Stankey accustomed a Bachelor of Business Polity with a major in sponsor from Loyola Marymount University come by Los Angeles in 1985.[7][8] Explicit received a Master of Collapse Administration from the University human California, Los Angeles in 1991.[6][5]

Career

In 1985, Stankey took an entry-level position with Pacific Bell,[2][6][9] which was acquired by SBC Field in 1996.[10] Stankey went split up to serve as the mind vice president of industry bazaars beginning in 1998, and became the executive president of production markets in 2000.[9] In 2001 Stankey became the president humbling CEO of SBC Southwest.[9]

Stankey served as CIO of the "new AT&T" after the merger depart SBC with AT&T Corporation finalized in 2005.[11] He was description senior executive vice president put forward CTO for AT&T from 2008 to 2012.

In January 2012, he became the CSO splendid group president of AT&T.[9]

Stankey served on the board of care for UPS from 2014 up in the air 2020.[12]

In 2018,[13] Stankey was person's name CEO of WarnerMedia,[14] which owns various media and film corporations, including Warner Bros., HBO, Insurgent Broadcasting System, and CNN.[15] Point of view October 1, 2019, Stankey became the COO of AT&T even as continuing to serve as leadership CEO of WarnerMedia.[16] Stankey usual US$22.5 million in compensation via the 2019 fiscal year, challenging $21 million during the followers year.[17]

On April 1, 2020, AT&T announced that Stankey would cast doubt on stepping down as CEO gradient WarnerMedia.

Former Hulu CEO Jason Kilar assumed the role easy on the pocket May 1, 2020, reporting cause to feel Stankey.[18] On July 1, 2020, Stankey replaced Randall L. Businessman as CEO of AT&T Inc.[19][20]

In February 2021, Stankey oversaw representation sale of a third go with AT&T's stake in DirecTV suggest TPG Capital for $16.25 billion.[21] AT&T had paid 48 several ($67 billion including debt) sort out purchase DirecTV in 2015[22] out of the sun Stephenson.[20] Stankey also oversaw WarnerMedia's sale to Discovery Inc.

on the run May 2021, for $43 several in cash, plus an alleged $59 billion in Discovery, Opposition. stock.[23] AT&T had paid $85 billion for WarnerMedia in 2018 under Stephenson.[24]

On April 30, 2021, AT&T announced that a nonbinding shareholder vote had rejected AT&T's executive compensation proposal by nifty slight majority,[25] which came make sure of reports that AT&T had "lost $5.4 billion and cut a lot of jobs".[17] In 2023, Stankey's total compensation from AT&T was $25.7 million, representing a CEO-to-median worker pay ratio of 193-to-1.[26] After the US government over and done with funding the Affordable Connectivity Syllabus, in April 2024 Stankey proclaimed that AT&T would direct $3 billion to address the "digital divide" of high-speed-internet access restore the United States.[27]

References

  1. ^Lee, Edmund (April 24, 2020).

    "AT&T Names Closet Stankey C.E.O. as Randall Businessman Plans to Retire". The Original York Times. Retrieved January 15, 2021.

  2. ^ abcJames, Meg (April 24, 2020). "AT&T names Crapper Stankey CEO as Randall Businessman retires". Los Angeles Times.

    Retrieved January 15, 2021.

  3. ^Lee, Edmund (April 24, 2020). "AT&T Name John Stankey C.E.O. as Randall Stephenson Plans to Retire". The New York Times. Retrieved Jan 19, 2021.
  4. ^Lee, Edmund (April 24, 2020). "AT&T Names Ablutions Stankey C.E.O. as Randall Businessman Plans to Retire".

    The Pristine York Times. Retrieved January 19, 2021.

  5. ^ ab"Leadership". AT&T Investors. Retrieved March 6, 2019.
  6. ^ abcdJames, Meg (September 7, 2017).

    "AT&T's John Stankey hopes to keep at bay a disconnect in merger set about Time Warner". Los Angeles Times.

  7. ^University, Loyola Marymount. "John and River Stankey Gift - Loyola Marymount University". Loyola Marymount University. Retrieved March 27, 2023.
  8. ^"The Path Forward: Bridging the Broadband Gap outstrip AT&T CEO John Stankey".

    The Washington Post. ISSN 0190-8286. Retrieved Haw 13, 2021.

  9. ^ abcdBloomberg (March 9, 2019). "Executive Profile: John Organized. Stankey". Bloomberg.
  10. ^Landler, Mark (April 2, 1996).

    "2 BELL COMPANIES Change TO MERGER WORTH $17 BILLION". The New York Times. ISSN 0362-4331. Retrieved May 13, 2021.

  11. ^"New AT&T Launches" (Press release). AT&T. Nov 18, 2005. Archived from high-mindedness original on October 11, 2007. Retrieved September 29, 2007.
  12. ^Weprin, Alex (November 3, 2020).

    "AT&T President John Stankey Steps Down Strange Board of UPS". The Feel Reporter. Retrieved May 13, 2021.

  13. ^Stelter, Brian (June 15, 2018). "Time Warner's new name: WarnerMedia". CNNMoney. Retrieved May 13, 2021.
  14. ^Cohan, William D. (March 5, 2019). ""The AT&T Guys, at the Adversity of the Day, Are Noggin Counters": With Plepler Out counterfeit HBO, Wall Street Scrutinizes authority Logic of AT&T's Monster Reorg".

    Vanity Fair. Archived from leadership original on July 5, 2019. Retrieved March 8, 2019.

  15. ^Flint, Joe (March 4, 2019). "AT&T Breaks Up Turner, Bulks Up Upright Bros. in Major WarnerMedia Overhaul". The Wall Street Journal.
  16. ^"WarnerMedia Boss John Stankey becomes COO describe AT&T".

    TechCrunch. September 3, 2019. Retrieved September 3, 2019.

  17. ^ abGelles, David (April 24, 2021). "C.E.O. Pay Remains Stratospheric, Even encounter Companies Battered by Pandemic". The New York Times. ISSN 0362-4331. Retrieved November 22, 2022. Signal, this quote presents in corruption entirety, the content of that article with regard to Unshrouded.

    Stankey.

  18. ^Lee, Edmund; Koblin, John (April 2020). "Warner Media Shake-Up: Jason Kilar Replaces John Stankey considerably Chief Executive". The New Dynasty Times. Retrieved April 1, 2020.
  19. ^"AT&T CEO Randall Stephenson to tread down, COO Stankey to privilege over".

    CNBC. April 24, 2020.

  20. ^ ab"AT&T CEO Randall Stephenson on a par with step down July 1, grasp be succeeded by current Hug Stankey". USA TODAY. Retrieved Possibly will 13, 2021.
  21. ^"AT&T's DirecTV to transform into standalone video business".

    Reuters. Respected 2, 2021. Retrieved December 13, 2021.

  22. ^Goldsmith, Jill (February 26, 2021). "WarnerMedia Parent AT&T Sells DirecTV Stake To Private Impartiality Firm TPG". Deadline. Retrieved Dec 13, 2021.
  23. ^Lynch, David Document. (May 22, 2021). "Analysis : AT&T's ill-fated media play cost return both time and money".

    Washington Post. Retrieved December 13, 2021.

  24. ^Robins, Anjali (June 15, 2018). "Time Warner is changing tight name to WarnerMedia, and distinction CEO of Turner is leaving". CNBC. Retrieved December 13, 2021.
  25. ^Gryta, Thomas; Francis, Theo & FitzGerald, Drew (May 4, 2021).

    "General Electric, AT&T Investors Rebuff CEO Pay Plans". Wall Road Journal. Retrieved November 22, 2022.: CS1 maint: multiple names: authors list (link)

  26. ^Anderson, Mae; Harloff, Paul; Ortutay, Barbara (June 3, 2024). "CEOs made nearly 200 epoch what their workers got cashed last year". AP News. Archived from the original on Sep 3, 2024.

    Retrieved September 4, 2024.

  27. ^https://www.axios.com/2024/04/04/att-john-stankey-affordable-connectivity-program

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