Matt Rose, AT&T’s independent Lead Director, said, “Randall has done an outstanding job as CEO in transforming AT&T into a leader in communications, technology, and media and entertainment. His strong leadership and strategic investments during a period of unprecedented customer demand for mobile communications and premium entertainment have positioned the company extremely well for the years ahead. We look forward to Randall continuing to lead the Board and working with John to ensure a smooth leadership transition.”
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#Randall – you gave us cash & spectrum AND we took your customers with #Uncarrier moves, do you really think you can buy them back?
— John Legere (@JohnLegere) January 3, 2014
Remember when @ATT said @TMobile hadn’t impacted their biz in Sept? lot has happened since Sept, right #Randall? #excuses @att #shipsinking
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Mar 22, 2019
I imagine this is the conversation that went on at
@ATT
a few months ago…
Randall Stephenson: “Let’s call it 5G”
AT&T staffer: “But it’s not 5G, sir, it’s LTE”
Randall: “Just add a letter to the end of it, no one will know the difference!”
Opensignal: AT&T’s 5G E falls short of T-Mobile and Verizon 4G speeds
venturebeat.com
Last Post on the Money
John Legere had a 20 year with AT&T
TMobile. 2012-2020. IMPRESSIVE
MAKES YOU WONDER IF HE DIDNT AGREE WITH RS
AND WAS SHOWN THE DOOR ????
Karma is a B****
Legere was appointed CEO of T-Mobile US in September 2012, and has since been noted for T-Mobile's "Un-carrier" approach to contract-free wireless networks.[4]
He first worked in telecommunications at New England Telephone. Legere then spent nearly twenty years at AT&T, where he spent some time working under Daniel Hesse, formerly CEO of Sprint Corporation.[1] He served as chief executive for AT&T Asia from April 1994 to November 1997, and also spent time as head of AT&T Global Strategy and Business Development. From 1997 to 1998, he served as President of the worldwide outsourcing subsidiary of AT&T, AT&T Solutions.[
Randy's transformation drivers:
- created the new Tmobile, which then bent randy over and john legere took care of business
- paid DTV shareholders about 500% more than he had too, he bought a company that was dying a slow death at its top.
- bought TW for ~$85B, took 2 years and still trying to integrate with the other ~4+ content offers, each with their own brand.
they are all the top miscue in their own way, but the Tmobile decision destroyed the company and set a course of incompetence
FYI
RS took the 20% and purchased his 4 residential property after retiring in July 2020
He now has the properties on the Left ,Right and the Rear of his Main Residence ( His Homestead)
On Walnut Hill
Well now we know who is the recipient of that 20% balance that's been stolen from our annual bonus
Well, he was awarded Employee of the Decade, 2010-2020, for all of his amazing achievements. Unfortunately for T, it was for TMobile.
AT&T is looking more like Lucent
In a nutshell, what happened to Lucent was a result of:
Wall Street ego, greed, and malfeasance.
Corporate executive greed, incompetence, inexperience and ineffectiveness.
Meritocracy becoming mediocrity.
But there is lots of money to be made by Wall Street and Corporate Executives.
When Stephenson took over AT&T as CEO in May 2007, the company’s stock price was $39.47. Today, AT&T trades under $30, about 24% lower. The S&P 500 is up about 85% in the same period.
SINCE “2017 “ The BOD🧠 have been working on a Succession Plan
And Finally reached a decision in “🤡2020”
WOW 🤩
The AT&T Inc.* (NYSE:T) Board has elected AT&T President and Chief Operating Officer John Stankey as CEO effective July 1, 2020, and a member of the Board of Directors effective June 1, 2020.
Stankey's selection as AT&T's next CEO completes the final phase of a succession planning process that AT&T's Board began in 2017, which included a thorough evaluation of internal and external candidates. Most recently, the HR Committee — led by AT&T Director Beth Mooney, comprised entirely of independent directors and supported by outside consultants — engaged in an extensive five-month search process to ensure that the company's next CEO possessed the vision, experience, talent and leadership qualities necessary to deliver on AT&T's strategic plans. Those qualities in our new CEO are important for our future and essential during these challenging economic times.
"Leadership succession is one of the Board's most important responsibilities," Mooney said. "After an extensive evaluation, it was clear that John Stankey was the right person to lead AT&T into the future.”