Thread regarding AT&T layoffs

John Stankey elected Chairman of AT&T’s Board of Directors, William Kennard named Lead Independent Director

AT&T (NYSE:T) announced on February 14, 2025 that its directors have unanimously elected John Stankey to the role of Board Chair. Stankey succeeds William E. Kennard, who was elected Lead Independent Director.

“As AT&T embarks on its comprehensive, Board-approved three-year strategic and capital allocation plan, this change provides the right governance structure for the Board,” said Bill Kennard, outgoing Chair and incoming Lead Independent Director of AT&T. “This will increase our governance agility and enhance our ability to seize opportunities to create long-term shareholder value while maintaining robust independent leadership of the Board.”

Stankey was named President and CEO in 2020.

https://about.att.com/story/2025/stankey-chairman-board-of-directors.html?source=EC00EM0000000000E&wtExtndSource=02142025&wtExtndSource=02142025

by Anonymous
| 1881 views | | 16 replies (last February 18, 2025) | Reply
Post ID: @OP+1jm3c4z5m
Comment! It's anonymous!

16 replies (most recent on top)

Last time this happened, activist investors (Elliott) came in to shake things up. We can only hope this will happen again.

by Anonymous
| | Reply
Post ID: @t0+1jm3c4z5m

"Under his visionary leadership as CEO, AT&T has already made incredible strides, and now, with him at the helm of the Board, the company is practically unstoppable!"

Wow. This guy should write for Kim jong-un.

by Anonymous
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Post ID: @p7+1jm3c4z5m

They pushed Randall out of that spot for a reason. History repeats itself.

by #stupidisasstupiddoes
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Post ID: @dx+1jm3c4z5m

Wow. What a truly stupid move. He shouldn’t be allowed to collect a paycheck and his comp should be all stock based going forward.

Literally lost all hope of common sense for this company now.

by Anonymous
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Post ID: @dw+1jm3c4z5m

DEMOCRAT ESTABLISHMENT GRIFTER ID--T KENNARD is a P0$ . KNOW NOTHING, ACCOMPLISH NOTHING all about cashing in via corporatist political connections

by Anonymous
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Post ID: @dm+1jm3c4z5m

Boy did they double down on stupid. He must have dirt on all the board people. Pics of them on Epstein island perhaps? Someone with their hand in the cookie jar? No way anyone with any intelligence does this unless they are trying to get him out of directly running the company.

by Anonymous
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Post ID: @df+1jm3c4z5m

He loves the word “convergence”. So now he’s “converging” his bad leadership as CEO with what will be equally bad leadership of the Board.

by Anonymous
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Post ID: @cn+1jm3c4z5m

I guess the board doesn’t read this board.

They picked the one person no employee wanted to have that job.

Then again, this explains the current state of the company we work for. Doesn’t it?

by Anonymous
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Post ID: @c4+1jm3c4z5m

Not that this seems like a conflict of interest or anything! lol

Nothing to see here folks.

by Anonymous
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Post ID: @ay+1jm3c4z5m

What does Kenard know that we dont?

by Anonymous
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Post ID: @ax+1jm3c4z5m

@a1+1jm3c4z5m

Did you start weekend/drinking early?

by Anonymous
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Post ID: @a7+1jm3c4z5m

Your supervisor is a clown

by Anonymous
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Post ID: @a6+1jm3c4z5m

I've been cashing my paycheck since.

by Anonymous
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Post ID: @a5+1jm3c4z5m

fake news

by Anonymous
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Post ID: @a4+1jm3c4z5m

This means he should be able to fire himself for the lousy job he is doing.

by Anonymous
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Post ID: @a3+1jm3c4z5m

Hope last reply was heavy on sarcasm.

There is no hope for T

by Anonymous
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Post ID: @a2+1jm3c4z5m

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