 Randall L. Stephenson is chairman of the board, chief executive officer and president of AT&T Inc. He was appointed to the position in June 2007.
Before being named chairman, CEO and president, Mr. Stephenson served as chief operating officer and was responsible for all wireless and wireline operations. He was named chief operating officer for SBC Communications Inc. in April 2004 and continued as COO after the acquisitions of AT&T Corp. in November 2005 and BellSouth in December 2006.
During his tenure as COO, the company outperformed its peers in nearly every category. Today, AT&T leads the industry in wireless, business, broadband, voice and directory and is gaining momentum in the TV market.
Born in Oklahoma City, Mr. Stephenson began his career with Southwestern Bell Telephone in 1982 in the information technology organization in Oklahoma. He then progressed through a series of leadership positions in finance, including an international assignment in Mexico City, and in 1996 was named controller for SBC Communications. Additionally, Mr. Stephenson has served as senior vice president-Consumer Marketing.
Before becoming COO, Mr. Stephenson was senior executive vice president and chief financial officer for SBC. During this time, the company reduced its net debt from $30 billion to almost zero by early 2004 and was in position to make strategic acquisitions of AT&T Wireless, AT&T Corp. and BellSouth.
In 2005, Mr. Stephenson was appointed to the new AT&T's board of directors.
Additionally, he served on the Cingular Wireless board of directors from 2001 to 2006 and was chairman in 2003 - 2004.
He is also a member of the board of directors of Emerson.
In the community, Mr. Stephenson serves on the San Antonio United Way Executive Committee.
Mr. Stephenson holds a Bachelor of Science degree in accounting from the University of Central Oklahoma and a Master of Accountancy degree from the University of Oklahoma.
Corporate History
In 1876, Alexander Graham Bell invented the telephone. That was the foundation of the company that would become AT&T — a brand that has become synonymous with the best, most reliable telephone service in the world.
In 1984, through an agreement between the former AT&T and the U.S. Department of Justice, AT&T agreed to divest itself of its local telephone operations but retain its long distance, R&D and manufacturing arms. From this arrangement, SBC Communications Inc. (formerly known as Southwestern Bell Corp.) was born.
Twelve years later, the Telecommunications Act of 1996 triggered dramatic changes in the competitive landscape. SBC Communications Inc. established itself as a global communications provider by acquiring Pacific Telesis Group (1997), Southern New England Telecommunications (1998) and Ameritech Corp. (1999). In 2005, SBC Communications Inc. acquired AT&T Corp., creating the new AT&T.
With the merger of AT&T and BellSouth in 2006, and the consolidated ownership of Cingular Wireless and YELLOWPAGES.COM, AT&T is positioned to lead our industry in one of its most significant transformations since the invention of the telephone more than 130 years ago.
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