Company filings show that the departing chairman and CEO is retiring with a staggering pension account worth $64 million — enough, according to industry data, to provide the 59-year old with a guaranteed income of $274,000 a month for the rest of his days.

Stephenson even got a $1.2 million company matching contribution to his “deferral plans” last year. He also holds at least $20 million in stock and options in the company. His total compensation for the last three years averaged $30 million a year.

Awkwardly, Stephenson recently warned that AT&T’s 250,000 world-wide employees could face layoffs due to the coronavirus crisis. Details haven’t been announced. Nor have any severance terms.

That prick is in the running for douchebag of the year.

Something really has to done to rein this kind of crap in.

we need wealth caps. im not talking about people that make less than $274k a year. Talking about people that make $274k a month. theyll never vote for that though, every single senator would get fucked.

For privately owned companies, I have no problem with it. Publicly traded companies on the other hand that is completely obscene. Especially when the company is discussing layoffs. As usual.

Maybe you should buy some stock and vote against it? Ike can be your proxy.

Maybe you should buy some stock and vote against it? Ike can be your proxy.

For privately owned companies, I have no problem with it. Publicly traded companies on the other hand that is completely obscene. Especially when the company is discussing layoffs. As usual.

For privately owned companies, I have no problem with it. Publicly traded companies on the other hand that is completely obscene. Especially when the company is discussing layoffs. As usual.

I own the stock. Love the dividend.

The company has a public market value of over $200B. If he moves the $30 share price by one dollar, the company’s value goes up by about six billion. That’s the context for executive pay like his.

The levels of compensation for often poor performance is absurd. But when you consider the value of what they are running, and the number of people they are managing, it is really no worse than what a movie star or pro athlete makes.

So that's $3.3m a year, which is about a quarter of what the Bears gave to Jimmy Graham as basically a retirement gift.

I own the stock. Love the dividend.

The company has a public market value of over $200B. If he moves the $30 share price by one dollar, the company’s value goes up by about six billion. That’s the context for executive pay like his.

The levels of compensation for often poor performance is absurd. But when you consider the value of what they are running, and the number of people they are managing, it is really no worse than what a movie star or pro athlete makes.

Good for him. That's just a fraction of the value he delivered in his 13 years at the top.

Good for him. That's just a fraction of the value he delivered in his 13 years at the top.

Good for him. That's just a fraction of the value he delivered in his 13 years at the top.

by value, you mean $160 billion+ in long-term debt at the end of 2019.

As a CEO his accomplishments are:
- $50 billion bet on satellite distributor DirecTV in 2014.
- $85.4 billion acquisition of Time Warner.
- Stock price has not moved in 10 years (compare to T-Mobile or Verizon)
- AT&T has been rated the worst carrier of all carriers by Consumer Reports.
- Lack of investment to compete against Comcast in High Speed Broadband market (still offer slow DSL in most markets)

by value, you mean $160 billion+ in long-term debt at the end of 2019.

As a CEO his accomplishments are:
- $50 billion bet on satellite distributor DirecTV in 2014.
- $85.4 billion acquisition of Time Warner.
- Stock price has not moved in 10 years (compare to T-Mobile or Verizon)
- AT&T has been rated the worst carrier of all carriers by Consumer Reports.
- Lack of investment to compete against Comcast in High Speed Broadband market (still offer slow DSL in most markets)

Yeah, that's not what I'd call a very good resume. I'm sure there's more to it than that, but again.....how many employees get canned or position eliminated with ZERO.

These clowns make enough DURING the active time as CEO to live wealthy for the rest of their lives.....not to mention their VP years leading up to it, which also carry the similar benefits and compensation. Again....I get there are have and have nots, but these parachute packages are beyond free market and are unacceptable. There should be caps. We haven't even touched the stock dollars they leave with, as well.

Sounds like someone wants a helicopter ride.

Ogie, help the man understand.

AT&T revenue in 2006, last year before he took over: $63.05B
AT&T revenue last year: $181.19B