CEO Stankey Replaces Kennard as AT&T Chair
AT&T announced Friday that its board of directors elected CEO John Stankey as chair. Stankey replaces former FCC Chairman William Kennard, who was elected lead independent director. “As AT&T embarks on its comprehensive, Board-approved three-year strategic and capital allocation plan,…
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this change provides the right governance structure for the Board,” Kennard said. A board member since 2014, Kennard was named chair in January 2021. Stankey became CEO and president five years ago.