Thread regarding AT&T layoffs

Who cut the cheese? Stankey!

Stankey's $26 million in total compensation for the previous 2023 surpasses his contemporaries at Verizon and T-Mobile after a committee adjusted his long-term target compensation by $3 million. Stankey earned a base salary of $2.4 million, which has not changed in the past few years. But an increased amount of stock awards totaling $16.5 million and earning a $6.4 million short-term incentive helped him reach a total of $26,450,157 for the year. AT&T's C-suite all all received a 115% payout for their short-term incentives. AT&T's short-term incentives were weighted 80% around adjusted operating income and 20% around free cash flow.

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Post ID: @OP+1jgtpafc0

4 replies (most recent on top)

Executives get paid. Deal with it.

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Post ID: @df+1jgtpafc0

PAID MILLION$ $$$$$$$$$$ TO COMPLETELY FU AND DESTROY A COMPANY . Never should have been promoted in the first let alone all rungs up. Arrogant $tank$ decisions have been top 10 worst in corporate history

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Post ID: @cd+1jgtpafc0

lol, all hail the stank! he’s a smart man that secretly lays off people like you so he can get paid, genius.

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Post ID: @a4+1jgtpafc0

He also proposed to Witherspoon!

https://www.alamy.com/stock-photo-new-york-ny-usa-28th-nov-2016-john-stankey-and-reese-witherspoon-attend-126868727.html

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Post ID: @a1+1jgtpafc0

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