AT&T Executive Chairman Retires, to Serve as Company Consultant for a Year
By Dave Sebastian
AT&T Inc. said Executive Chairman Randall Stephenson has
retired, effective Jan. 21, but will remain as a consultant for the
company for a year.
Mr. Stephenson will get $1 million for his consulting services,
the Dallas-based company said Monday. William Kennard, a former
Federal Communications Commission chairman, started serving as
AT&T's independent chairman this month.
Mr. Stephenson stepped aside as chief executive last year. His
longtime deputy, John Stankey, succeeded him in July.
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(END) Dow Jones Newswires
January 25, 2021 12:13 ET (17:13 GMT)
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