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AT&T CEO John Stankey Made $25M Last Year, And Retired CEO Randall Stephenson Took Home $16 Million
Jill Goldsmith
March 22, 2022 2:51PM PDT
AP
AT&T chief executive John Stankey’s compensation totaled $24.8 million last year, up from $21 million the year earlier. According to a proxy statement filed with the SEC, retired CEO Randall Stephenson made $16.3 million in 2021 (down from $29 million).
Stephenson stepped down as CEO after 13 years at the helm in July of 2020 and continued as executive chairman through Jan. of 2021. Proxies usually include pay packages for a company’s five highest paid executives. AT&T listed seven including Stephenson. “AT&T is reporting a seventh NEO [named executive officer] this year to account for a retired Executive Officer who would have been among the most highly compensated group if working as an active Executive Officer at the end of the year,” the filing said.