Stephenson and Stankey have taken hundreds of millions in compensation and perks since Randall’s appointment to CEO in 2007.
Three failed mergers, Billons paid to T-Mobile, dividends slashed, market valuation cut in half, over $100 billion in debt, delay in 5G deployment and tens of thousands employees laid off.
After Stankey steps down there needs to be a realignment of the Board of Directors and an external search for a CEO.
Investors, employees and customers deserve better.