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Stock impact report

AT&T CEO Randell Stephenson to Step Down, COO John Stankey to Serve as New Head [Yahoo! Finance News]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
AT&T Stankey who will take over as CEO on July 1, will join the company’s Board of Directors on June 1. He has been holding the COO post since October 2019. Stephenson will serve as Executive Chairman of the Board of Directors until January 2021 to support the leadership transition.AT&T had been searching for Stephenson’s successor since 2017 and most recently finalized a 5-month intensive search process to select a CEO who could lead the company “during these challenging economic times”.Commenting on the leadership change U.S. President Donald Trump called the succession “great news”.“Randall Stephenson, the CEO of heavily indebted AT&T, which owns and presides over Fake @CNN, is leaving, or was forced out,” Trump said in a Twitter post. “Anyone who lets a garbage “network” do and say the things that CNN does, should leave ASAP. Hopefully replacement will be much better!.”The succession announcement comes in the same week AT&T released its first-quarter earnings reporting that revenu Show less Read more
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