He had been chief executive for 13 years.President Donald Trump, once friendly with Stephenson, wasted no time jabbing him over his departure. Randall has 10 jobs listed on their profile. View the profiles of professionals named "Randall Stephenson" on LinkedIn. Randall L Stephenson is Chairman at AT&T Inc. See Randall L Stephenson's compensation, career history, education, & memberships. With unemployment at a record high, consumers are struggling to pay for internet and phone connections.“Randall leaves behind a transformed AT&T. But the jury is still out as to whether that transformation has been for the good. View the profiles of professionals named "Randy Stephenson" on LinkedIn. There are 80+ professionals named "Randolph Stephenson", who use LinkedIn … The company ended the last quarter with $147.2 billion in long-term debt.Stephenson had been under pressure to name a successor after the telecom operator was targeted by activist investor Elliott Management, who wanted stronger results from the company’s acquisition of Time Warner, now renamed WarnerMedia.
Stephenson announced his departure at the annual meeting held Friday.Stephenson is being replaced by the company’s president and chief operating officer, John Stankey, who had also been running WarnerMedia, which owns big assets including CNN, HBO and Turner.Heading into the pandemic, AT&T was already struggling with a large debt load and there have been questions about how it will continue to pay shareholders a dividend. The choice of John Stankey speaks to a clear endorsement of the status quo," telecom analyst Craig Moffett of independent equity research firm Moffett Nathanson told NBC News.“I’m honored to be elected the next CEO of AT&T, a company with a rich history and a bright future,” Stankey said in a press release. AT&T eventually won, but the prolonged court action cost the company both financially and in terms of slowing the merger. See the complete profile on LinkedIn and discover Randell’s connections and jobs at similar companies. AT&T CEO Randall Stephenson announced at the end of April that he’s stepping down. Disney chief executive Bob Iger also said he was stepping down, but maintains an ongoing operational role at the company.The timing means AT&T will have a new leader at one of the most challenging times in economic history. Randall Stephenson is the second major CEO to step down as the coronavirus pandemic continues to take its toll on the economy. In doing so, I have founded a start-up company, WeCruitr, where our mission is to make the job search more humane and enjoyable.
Stephenson said that he’ll serve in the capacity of executive … It reached a truce with the investor after coming up with a three-year plan to sell assets.Stephenson is the second major chief executive to step down as the coronavirus pandemic continues to take an economic toll. Randall (Randy) has 2 jobs listed on their profile. ""Great News!"