At&t Cuts Ceo Pay By $2m Over Failed T-mobile Buyout

Randall Stephenson

AT&T's board of directors has reportedly moved to slash CEO Randall Stephenson's 2011 compensation by more than $2 million due to the executive's role in the unsuccessful attempt to acquire competitor T-Mobile.

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BING NEWS:
  • AT&T execs punished for failed T-Mobile deal
    For his role in AT&T’s failed ... left T-Mobile at the altar, and someone has to help foot the bill. AT&T had to give its rival $4.2 billion in cash and spectrum rights, the AP reported. Stephenson, however, wasn’t the only one to take a pay hit.
    02/23/2012 - 7:55 am | View Link
  • AT&T cuts CEO Stephenson's pay $2M over T-Mobile deal
    The failed $39 billion bid by AT&T Inc. to buy T-Mobile USA has cost Chief Executive Officer Randall Stephenson more than $2 million in short- and long-term incentive pay. The Wall Street Journal reported that Dallas-based AT&T's board cut Stephenson's ...
    02/21/2012 - 10:28 pm | View Link
  • AT&T cuts CEO pay by $2M over failed T-Mobile buyout
    AT&T's board of directors has reportedly moved to slash CEO Randall Stephenson's 2011 compensation by more than $2 million due to the executive's role in the unsuccessful attempt to acquire competitor T-Mobile. The board decided to reduce Stephenson's cash ...
    02/21/2012 - 11:25 am | View Link
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