Light Reading on Executive Compensation

Fun fact. All this information is found in the annual 14A Proxy Statement on the SEC filings page on investors.att.com. Kinda obscene, the pay & perks they get while trashing this company into the ground. Stanley got $23m last year. Pension worth another $36m. Don't get me started on his 401k and stock options. McAtee is making good use of the company jet, and gets $1500 a month for his home security. He seems to get a lot of side benefits, but he is the company lawyer, so I shouldn't be surprised.

https://otp.tools.investis.com/clients/us/atnt2/sec/sec-show.aspx?FilingId=16538933&Cik=0000732717&Type=PDF&hasPdf=1

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I hate it when someone makes so much more than me.

It is called Nepotism at its finest. Happens in all large companies. The friends and family plan, competency or merit are afterthoughts.

Family comes first.

Wait a minute! Stankey has 2 family members making more than me after I have worked my a$$ off for the last 24 years. This chump needs to go.

Wow, check this out.

During 2022, the daughter and the sister-in-law of John Stankey,
Chief Executive Officer and President, were employed by AT&T
subsidiaries with approximate rates of pay, including commissions,
of $142,702 and $150,912, respectively.

"It's good to be the king...haters gonna hate...what's stopping you from taking a path to the C-Suite "

Perhaps the same thing preventing you from taking a path to common sense.

And remember every one of those are contracted employees, who have contracts approved by the corp board. So they get what they negotiate.

It's good to be the king...haters gonna hate...what's stopping you from taking a path to the C-Suite

Crooks

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Light Reading on Executive Compensation

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