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AT&T CEO to become executive chair following Time Warner deal: Bloomberg

Reuters 

REUTERS - AT&T Inc is planning a major organizational reshuffle that will include a redefined role for Chief Executive Randall Stephenson following its $85.4 billion acquisition of Time Warner Inc, Bloomberg reported on Friday.Stephenson will move to the role of executive chairman and oversee a pair of chief executives who will independently manage the company's telecommunications and media businesses, according to the Bloomberg report.AT&T spokesman Fletcher Cook said in an emailed statement that no decisions on organizational structure have been finalized and that Stephenson and Time Warner ...

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First Published: Fri, July 14 2017. 20:03 IST
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