{"id":383244,"date":"2020-11-17T11:38:19","date_gmt":"2020-11-17T16:38:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383244"},"modified":"2020-11-17T11:38:19","modified_gmt":"2020-11-17T16:38:19","slug":"att-chief-financial-officer-john-stephens-to-retire-in-march-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\/","title":{"rendered":"AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021<\/b><\/p>\n<p class=\"bwalignc\"><b><i>WarnerMedia\u2019s Pascal Desroches to Succeed Stephens<\/i><\/b><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<span style=\"font-weight:normal\">AT&amp;T* <\/span>( <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.att.com%2F&amp;esheet=52330065&amp;newsitemid=20201117005988&amp;lan=en-US&amp;anchor=NYSE%3AT&amp;index=1&amp;md5=add4cd01f46b6f8ee6974fd2d6493234\">NYSE:T<\/a>) <span style=\"font-weight:normal\">Chief Financial Officer John Stephens has announced his plans to retire next March after 28 years with the company. WarnerMedia CFO Pascal Desroches has been named to succeed Stephens, effective April 1, 2021. During the transition period, Desroches will serve as AT&amp;T\u2019s senior executive vice president \u2013 finance. <\/span><\/p>\n<p>\nStephens began his tenure as CFO in 2011 and helped lead AT&amp;T during a period of tremendous investment in its capabilities to position the company for the years ahead.\n<\/p>\n<p>\n\u201cI greatly appreciate John\u2019s outstanding leadership, tireless dedication and many significant contributions to AT&amp;T over the years,\u201d said John Stankey, AT&amp;T CEO. \u201cHis financial expertise and strong commitment to our investors, employees and customers have been invaluable as we invested to become a leader in connectivity and content. He has helped us maintain the financial strength and flexibility needed to create long-term value for shareowners. While he won\u2019t be retiring until next spring, I want to take this opportunity to wish John and his family all our best in the years ahead.\u201d\n<\/p>\n<p>\n\u201cPascal is an impressive financial executive whose strategic thinking and leadership I\u2019ve seen first-hand at WarnerMedia. His deep and broad experience spans media and telecom, as well as corporate finance, public accounting and regulatory compliance,\u201d Stankey said. \u201cI look forward to working closely with him again as we execute on our plans across AT&amp;T to invest in our growth platforms, operate effectively and efficiently, and deliver value to our investors and customers.\u201d\n<\/p>\n<p>\nPrior to serving as CFO at WarnerMedia, Desroches was CFO at Turner and global controller at Time Warner Inc. Before he joined Time Warner, Desroches was a partner at KPMG and served as a senior advisor to the chief accountant of the U.S. Securities and Exchange Commission.\n<\/p>\n<p>\nHe holds a B.S. in accounting from St. John\u2019s University and an M.B.A. from the Columbia Business School at Columbia University.\n<\/p>\n<p><b>*About AT&amp;T<\/b><\/p>\n<p>\nAT&amp;T Inc. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.att.com%2F&amp;esheet=52330065&amp;newsitemid=20201117005988&amp;lan=en-US&amp;anchor=NYSE%3AT&amp;index=2&amp;md5=9faf0ce6381a79500eb6da623d4fcb4b\">NYSE:T<\/a>) is a diversified, global leader in telecommunications, media and entertainment, and technology. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers with innovative and relevant advertising solutions for consumers around premium video content and digital advertising through its platform. AT&amp;T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobile and broadband. Plus, it serves high-speed, highly secure connectivity and smart solutions to nearly 3 million business customers. AT&amp;T Latin America provides pay-TV services across 10 countries and territories in Latin America and the Caribbean and wireless services to consumers and businesses in Mexico.\n<\/p>\n<p>\nAT&amp;T products and services are provided or offered by subsidiaries and affiliates of AT&amp;T Inc. under the AT&amp;T brand and not by AT&amp;T Inc. Additional information is available at about.att.com. \u00a9 2020 AT&amp;T Intellectual Property. All rights reserved. AT&amp;T, the Globe logo and other marks are trademarks and service marks of AT&amp;T Intellectual Property and\/or AT&amp;T affiliated companies. All other marks contained herein are the property of their respective owners.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117005988r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201117005988\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201117005988\/en\/<\/a><\/span><\/p>\n<p>\nFletcher Cook<br \/>\n<br \/>AT&amp;T Corporate Communications<br \/>\n<br \/>Phone: (214) 912-8541<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:fletcher.cook@att.com\">fletcher.cook@att.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Entertainment Technology TV and Radio Mobile\/Wireless Telecommunications Internet<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117005988\/en\/509118\/3\/ATT_Globe.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021 WarnerMedia\u2019s Pascal Desroches to Succeed Stephens DALLAS&#8211;(BUSINESS WIRE)&#8211;AT&amp;T* ( NYSE:T) Chief Financial Officer John Stephens has announced his plans to retire next March after 28 years with the company. WarnerMedia CFO Pascal Desroches has been named to succeed Stephens, effective April 1, 2021. During the transition period, Desroches will serve as AT&amp;T\u2019s senior executive vice president \u2013 finance. Stephens began his tenure as CFO in 2011 and helped lead AT&amp;T during a period of tremendous investment in its capabilities to position the company for the years ahead. \u201cI greatly appreciate John\u2019s outstanding leadership, tireless dedication and many significant contributions to AT&amp;T over the years,\u201d said John Stankey, AT&amp;T CEO. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383244","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021 WarnerMedia\u2019s Pascal Desroches to Succeed Stephens DALLAS&#8211;(BUSINESS WIRE)&#8211;AT&amp;T* ( NYSE:T) Chief Financial Officer John Stephens has announced his plans to retire next March after 28 years with the company. WarnerMedia CFO Pascal Desroches has been named to succeed Stephens, effective April 1, 2021. During the transition period, Desroches will serve as AT&amp;T\u2019s senior executive vice president \u2013 finance. Stephens began his tenure as CFO in 2011 and helped lead AT&amp;T during a period of tremendous investment in its capabilities to position the company for the years ahead. \u201cI greatly appreciate John\u2019s outstanding leadership, tireless dedication and many significant contributions to AT&amp;T over the years,\u201d said John Stankey, AT&amp;T CEO. &hellip; Continue reading &quot;AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T16:38:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117005988r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021\",\"datePublished\":\"2020-11-17T16:38:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\\\/\"},\"wordCount\":650,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201117005988r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/att-chief-financial-officer-john-stephens-to-retire-in-march-2021\\\/\",\"name\":\"AT&amp;T Chief Financial Officer John Stephens to Retire in March 2021 - 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