Thread regarding AT&T layoffs

AT&T is one of only a few companies that have been on As You Sow’s Overpaid CEO list for 8 years.

https://www.asyousow.org/our-work/ceo-pay/blog/2022/5/13/atampt-paid-67743037-to-former-ceo-this-year-but-you-wont-find-that-in-summary-compensation-table

AT&T Paid $67,743,037 to Former CEO This Year but You Won’t Find that in Summary Compensation Table

“ because Stephenson remains a consultant we know exactly how much AT&T paid him from his various retirement vehicles last year: an astonishing $67,743,037. “

Annual Meeting:

5/19/2022

“John Stankey, AT&T CEO, received total compensation of $24,820,879, representing an 18 percent increase from the prior year. It includes a larger than average salary and a cash bonus that more than doubled from the prior year. “

“At the end of 2022, the company will finally freeze the SERP (Supplemental Employee Retirement Benefit) and many of the more generous aspects are not available to officers appointed after 2008. Stankey has a total retirement package worth over $36 million.”

“AT&T is one of only a few companies that have been on As You Sow’s Overpaid CEO list for eight years. “

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Post ID: @OP+1ulOYZch

5 replies (most recent on top)

Sorry John the BOD didn’t treat you well for 2023, only a 13% increase.

18+13= 31% increase for just the two years of 2022 & 2023. How does he make it?

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Post ID: @nuc+1ulOYZch

Is there an overpaid manager's list?

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Post ID: @pcw+1ulOYZch

Click and paste link to read full article.

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Post ID: @ktj+1ulOYZch

18% raise for zero innovation just chop chop chop

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Post ID: @bor+1ulOYZch

Imagine that, fat cats are overpaid while demanding concessions from the work force. Do they own the company? I thought that AT&T was a public traded company but they run it like they started it.

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Post ID: @byc+1ulOYZch

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