April 24 - 16:04
Randall Stephenson to retire as AT&T CEO
Long-serving AT&T CEO Randall Stephenson will retire at the end of Q2. As recently as February, Stephenson said he would stay in post until at least the end of 2020. He will be replaced by COO John Stankey. AT&T’s independent Lead Director said Stephenson had done "an outstanding job". He will stay on as executive chairman until January 2021. AT&T is around $200 billion in debt after acquisitions.
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