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Chronicles

The story behind the story

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AT&T CEO Randall Stephenson to step down, President and COO John Stankey will take over the position on July 1

Lauren Feiner / CNBC :

CNBC Lauren Feiner

Discussion

  • @realdonaldtrump Donald J. Trump on x
    Great News! Randall Stephenson, the CEO of heavily indebted AT&T, which owns and presides over Fake News @CNN, is leaving, or was forced out. Anyone who lets a garbage “network” do and say the things that CNN does, should leave ASAP. Hopefully replacement will be much better!
  • @mattrosoff Matt Rosoff on x
    AT&T $T ran a months-long search for a new CEO but couldn't find an outside candidate with the right combo of telecoms and media experience to satisfy Elliott Management, reports @sherman4949 - tip @Techmeme https://twitter.com/...
  • @reckless Nilay Patel on x
    Very good and informative chart in AT&T's annual shareholder letter https://twitter.com/...
  • @chamath Chamath Palihapitiya on x
    Randall Stephenson was a terrible CEO. He leaves ATT $170B debt, let their cell network decay and missed the entire shift to digital. But he's a member of Augusta National and made hundreds of millions in stock gains via debt-driven buybacks. 👏🏽👏🏽 👏🏽👏🏽 https://twitter.com/...
  • @reckless Nilay Patel on x
    You know what would really piss off AT&T is passing a net neutrality bill https://twitter.com/...
  • @pkafka Peter Kafka on x
    If I was a cynical person, I might think that things activist investors say they want a company to do/change aren't really important. https://twitter.com/...
  • @ryanforsmyrna Ryan Campbell on x
    Randall Stephenson who was CEO for 13 years: tripled AT&T debt load to nearly 200 billion, bought out assets like Directv which is now worthless and had one of the worse performing stocks over his tenure. https://twitter.com/...
  • @w7voa Steve Herman on x
    After serving 13 years as @ATT chairman and CEO, Randall Stephenson, 60, will retire as chief executive. https://about.att.com/...
  • @kenli729 Kenneth Li on x
    Trump endorsing Stankey in same tweet calling CNN garbage. oy for the pr team.
  • @deitaone @deitaone on x
    TRUMP SAYS AT&T CEO'S DEPARTURE IS ‘GREAT NEWS’ AND HE SHOULD LEAVE ASAP $T
  • @reckless Nilay Patel on x
    I would say “big news” but it's sort of medium news at this point: John Stankey will be the new CEO of AT&T, replacing Randall Stephenson. Expected for a while, but still hard-fought: there was an activist investor push to push them both out earlier. https://www.theverge.com/...
  • @backlon Dieter Bohn on x
    By law, AT&T should have as many CEOs as it does streaming TV products. Stephenson should not be allowed to retire. AT&T should be made to bring on [counts products] six more CEOs instead. https://twitter.com/...
  • @pkafka Peter Kafka on x
    This was the thing hedge fund investor Paul Singer was trying to stop last fall. https://twitter.com/...
  • @sallyshin Sally Shin on x
    PRESS RELEASE: Randall Stephenson to Retire as AT&T CEO, Serve as Executive Chairman of the Board until January 2021; AT&T Board Elects John Stankey as CEO and Board Member