"The company also said that it expects Randall Stephenson to remain chief executive through at least 2020." Reuters==10/28/2019
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T's problems can't be solved with the same level of thinking that created them.
"Here to stay"? Just because he may not leave in 2020 doesn't mean he can look forward to a long tenure at the helm. He is a very big liability to this company, and to the value of Elliot's investment. A 30 million dollar failure who has run out of rabbits to pull from his financial hat. He is a corporate case of dead man walking.
Stock up, employment numbers down at the T
Well, Randy through 2020, but looking for a successor now. CEO and Chairman role split. Some kind of 3 year plan - will make more money ─ in other words, aye, aye sir (to Elliot).
https://www.theverge.com/2019/10/28/20936039/att-q3-2019-earnings-tv-subscriber-losses-elliott-activist-investor-changes
Stock up $1.50 when I looked a while ago.
Nothing looked good or promising to me in the report.
Awesome I am so happy randy and the whole att family. We are family.
This story is far from over. Elliot has gotten what they wanted (new Board members and the split of the CEO/Chairman positions) in exchange for not pushing for RS's and JS's departures now. However, if results aren't better in the near term, this will change.
Woohoo! He’s doing a great job.
Yes, and of course, I hope he keeps a short lease on Stankey. And the 3rd Quarter earnings report was good. Glad I'm not in an area that could be considered not core.