Armstrong took the $25M for a weeks work and ran. I was around when Bob Allen left. Got the message to line the Basking Ridge driveway and wave goodbye. Maybe a handful showed up. Good times.
31 replies (most recent on top)
When you reward failure, you get more of it.
Just prior to Stephenson’s exit, there were two John’s running the business ~ Stankey and John Donovan. Donovan was / is brilliant, and had been brought in from the outside. In my view he saved AT&T due to his leadership over Network Virtualization and 5G / Fiber. These two John’s detested each other, so much so that they never even communicated. When the company was turned over to Stankey, Donovan resigned. Go look at his professional accomplishments vis-à-vis Stankey’s. The wrong John was retained.
Randall was an accountant by trade and that skill set is focused on the past and maybe that's why his decisions were a day late and a dollar short. I never knew what Stankey was other than a "golden child" retained from Pacific Bell because of his managerial brilliance. I think the simple arrogance Stank extrudes given his privileged origins entitles him the the clown crown of worst of all time.
Once again, a commenter wants us to praise our current CEO for turning the company around. He co-piloted or piloted the disastrous deals that got the company saddled massive debt. Let’s award him for fixing his own disaster? I just can’t understand these Kool-Aid guys drinking .utt lickers!
The jealousy on this board is out of control.
Randall's biggest mistake was promoting Stankey as Chief Strategy Officer. Stankey was fully involved in the decisions of purchasing T-Mobile , DTV, and Time Warner.
"They can't grasp the significance of your question. Still a step or two behind on the evolutionary ladder"
LMAO! From the downvotes, I think you may have hurt some feelings
"How many years have any of you nimrods spent as CEO of an international business?"
Please. A trained chimpanzee could made better “decisions” than your master Skunkey.
"Stankey was turning the company around and making the company profitable."
The company was profitable prior to Stankey taking over. However, have you thought about the fact that revenue under Stankey has actually declined for the last 24 months. He has spent almost $50B in capital for the last 2 years and reduced revenue over that same period of time. Stankey is brilliant. Of course, he tanked TW revenue through his "streaming only" policy. The sad fact is that Stank does not know how to grow a company . . . he only knows how to downsize a company. Every decisions he has made could have been done for cheaper and with less a negative affect on the corporation, going all the way back to his participation in the TMobil debacle.
“ Please provide some context so we can better understand your qualifications for making such comments. How many years have any of you nimrods spent as CEO of an international business?”
Don’t need experience to cut my way to “success”. The fact you think we need international business experience to cut heads and suffer outages or other issues says more about you than us.
“While the rest of you were complaining about the same old things over and over, Stankey was turning the company around and making the company profitable.”
Lame, wasn’t the company always profitable? Also, cutting heads doesn’t make you smart or great leader. Anyone here could cut heads. Impress us with growth, new innovative products instead of turding everything we touch.
While the rest of you were complaining about the same old things over and over, Stankey was turning the company around and making the company profitable.
"How many years have any of you nimrods spent as CEO of an international business?"
They can't grasp the significance of your question. Still a step or two behind on the evolutionary ladder.
"Please provide some context so we can better understand your qualifications"
I guess you are the type of person that must have experiencing tasting sh!+ before you know that $h!t tastes like sh1+. You are a special type of sh!t for brains for sure.
Well, Stankey was a key participant - fully involved - in the major bad decisions by Stephenson, so...
Stephenson was the worst, then Stankey. Number 3 is Armstrong of legacy T. What a putz who paid top dollar for Comcast and other cable assets. Although Randy has one up on Armstrong.
I think Stephenson was the worst CEO
Stanky is flawed but under his watch our stock price broke 23 per share.
Remember where it was a few years ago?
There’s lots of things that need to be fixed so go out out and fix them, make them better.
See a problem, fix the problem.
Build the company you want
Put your money where your mouth is and buy some shares
Please provide some context so we can better understand your qualifications for making such comments. How many years have any of you nimrods spent as CEO of an international business?
In the run with Randall for worst AT&T CEO but both are founding fathers of T-Mobile and should have statues in the lobby of T-Mobile HQ.
Does a bear sc@t in the woods? The “duke of the dark triad” is the worst CEO in the history of mankind (more so than Lay, Skilling & Ebbers)!
The Stink is not just the worst CEO T has had - Stink is the worse CEO ANY US company has had in history!
It’s truly a toss up. Horrible decisions is RS by far. He wins that one. But at least he acted like employees mattered. I think he felt like he was doing the right thing and Stink was his comrade through this so don’t underestimate his contribution to the decisions. Stink used him as a scapegoat and it worked.
Stink wins for his absolute LOATHING of employees. He doesn’t care about any one or any thing and only cares about what makes his wallet fatter. To tell Time Warner employees he knows more than they do was the beginning of the end. No one should act like he didn’t whisper into RS’s ears about this id--tic purchase. He was gushing and gloating about owning content until wall street showed him how stupid it was.
It’s really a toss up but I’m jaded towards employee apathy and disdain so Stink wins WORST for me.
At least Ratty could act like a human being in public, and wore a suit instead of pajamas! Unlike the mentally ill megalomaniac Stink!
Stinky - Top of the CEO Wall of Shame.
Ratty - #2 on the CEO Wall of Shame.
No. Randall Stephenson was the worst CEO. The T-mob break up fee should never have been agreed upon. Directtv and timewarner should have never been bought. Burying fiber and gaining wireless customers should’ve been the only priority. Now Stankey plays cleanup and it’s painful to watch this happen to what once was a company focused on reliability and service under Whitaker. Now it’s cut and cut more. Network reliability will not hold up to this weather. Redundant fiber paths, generator and battery maintenance is what you need for this and they are cutting back.
Be thankful he gives you a paycheck so you can put a roof over your head and feed your family.
The Stank and Randall are #1 and #2 top CEO wall of shame, worst in history. Burned hundreds of billions of dollars in horribly failed business mergers. Now you all pay for it with your jobs. They have no respect for you.
Get some therapy.
He’s number one on the CEO wall of shame. Worst and most selfish in history.
Absolutely, second to none.
YES!