John Stankey

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John Stankey
Born
John T. Stankey
NationalityAmerican
Alma materLoyola Marymount University (BA)
UCLA Anderson School of Management (MBA)[1]
OccupationCEO of AT&T,[2] Board Member of UPS[3]
Known forAT&T's acquisitions of DirecTV and Time Warner

John T. Stankey (born 1962)[4] is an American businessman who is the former CEO of WarnerMedia (then Time Warner); currently served as the CEO of the former's parent company, AT&T after previously serving as the president and COO.[5][2] Stankey led AT&T's acquisition of DirecTV and Time Warner in 2015 and 2018, respectively.[1][6] He assumed the CEO role of AT&T effective July 1, 2020, succeeding Randall L. Stephenson.

Early life and education[edit]

Stankey was raised in Los Angeles, the youngest of three children.[7] His father was an insurance underwriter and his mother a housewife.[7] In the 1980s, he graduated with a B.A. in finance from Loyola Marymount University.[7] In 1985, he took an entry-level position with Pacific Bell.[7][8] In 1991, he earned an M.B.A. from UCLA.[7]

Career[edit]

In 1995, after Southwestern Bell Corporation became SBC Communications, Stankey served as the Executive Vice President of Industry Markets beginning in 1998 becoming the Executive President of Industry Markets in 2000.[8] In 2001 Stankey became the President and CEO for SBC Southwest.[8] Stankey served as CIO of the "new AT&T" after the merger of SBC with AT&T Corporation finalized in 2005,[9] becoming the senior executive vice president and CTO for AT&T from 2008 to 2012, Stankey held various senior executive positions within the company and in January 2012, Stankey became the CSO and group president of AT&T Inc.[8]

In 2015, Stankey became the CEO of AT&T Entertainment Group and during the merger of Time Warner with AT&T, Stankey served as the senior executive vice president of AT&T/Time Warner merger integration planning.[8]

Stankey sits on the Board of UPS.[8]

Since June 2018, Stankey has been the CEO of WarnerMedia which owns various media and film corporations, including Warner Bros., HBO, Turner Broadcasting System, and CNN.[10]

On October 1, 2019, Stankey became the COO of AT&T while continuing to serve as the CEO of WarnerMedia.[11]

On April 1, 2020, Stankey announced that he would be stepping down as CEO of WarnerMedia, and that former Hulu CEO Jason Kilar would be assuming that role effective May 1, reporting to Stankey who will continue as COO of AT&T.[12] On April 24, 2020, AT&T announced that effective July 1, 2020, Stankey will replace Randall L. Stephenson as CEO of AT&T.[2]

References[edit]

  1. ^ a b "AT&T Leadership". Retrieved March 6, 2019.
  2. ^ a b c "AT&T CEO Randall Stephenson to step down, COO Stankey to take over". CNBC. April 24, 2020.
  3. ^ a b "Executive Profile: John T. Stankey". Bloomberg. Retrieved March 6, 2019.
  4. ^ "AT&T Inc. 2018 Annual Report" (PDF). Retrieved March 17, 2019.
  5. ^ Chmielewski, Dawn. "AT&T Veteran John Stankey Explains Why He's Restructuring WarnerMedia". Forbes. Retrieved 2019-03-08.
  6. ^ Cohan, William D. "What's Next for HBO?: With Plepler Out, Wall Street Scrutinizes AT&T's Reorg". The Hive. Retrieved 2019-03-08.
  7. ^ a b c d e James, Meg (September 7, 2017). "AT&T's John Stankey hopes to avoid a disconnect in merger with Time Warner". Los Angeles Times.
  8. ^ a b c d e f Bloomberg (March 9, 2019). "Executive Profile: John T. Stankey". Bloomberg.
  9. ^ "New AT&T Launches" (Press release). AT&T. November 18, 2005. Archived from the original on 11 October 2007. Retrieved September 29, 2007.
  10. ^ Flint, Joe (March 4, 2019). "AT&T Breaks Up Turner, Bulks Up Warner Bros. in Major WarnerMedia Overhaul". The Wall Street Journal.
  11. ^ "WarnerMedia CEO John Stankey becomes COO of AT&T". TechCrunch. Retrieved 2019-09-03.
  12. ^ "Warner Media Shake-Up: Jason Kilar Replaces John Stankey as Chief Executive". New York Times. Retrieved 2020-04-01.