Phone Scoop

printed December 17, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=9893

Home  ›  News  ›

AT&T Slices $2M from CEO Pay Due to T-Mobile Whiff

Article Comments  13  

Feb 21, 2012, 6:59 PM   by Eric M. Zeman

AT&T has cut CEO Randall Stephenson's payment package by a total of $2.08 million in the wake of the company's failed bid to purchase T-Mobile USA. AT&T's board cut both his cash bonus for 2011 as well as reduced his stock. Stephenson still earned $18.7 million for the year. AT&T was forced to eat $4.2 billion charge for the year on the failed take-over bid due to a break-up fee (mixture of spectrum assets and cash) to which it had agreed. The government blocked the acquisition, citing potential harm to American consumers.

more info at AP »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
1,500 years or so. Versed Feb 21, 2012, 9:26 PM
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1