AT&T CEO Randell Stephenson to Step Down, COO John Stankey to Serve as New Head

AT&T (T) announced on Friday that its chief executive officer Randell Stephenson will retire after a 13-year tenure and will be replaced by the telecom and media giant’s Chief Operating Officer John Stankey.Stankey who will take over as CEO on July 1, will join the company’s Board of Directors on June 1. He has been holding the COO post since October 2019. Stephenson will serve as Executive Chairman of the Board of Directors until January 2021 to support the leadership transition.AT&T had been searching for Stephenson’s successor since 2017 and most recently finalized a 5-month intensive search process to select …read more

Source:: Yahoo Finance

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