After a long-held tradition of secrecy, AT&T has finally revealed the at&t ceo salary. John Stankey’s salary is set at $2 million annually, with a total compensation package worth $19.6 million. AT&T’s board of directors says that the paycheck is justified because of Stankey’s excellent leadership and performance as CEO. They also note that his pay is lower than what other CEOs have made in the past.
AT&T Overview
We’re all about connecting people together and making our customers’ lives even simpler — whether it’s in the realm of technology, communication, entertainment, or everything in between.
Innovation is the future. It’s inevitable and we’re here to bring it! We know that as market leaders in all three industries, we do this by surrounding ourselves with a workforce that is committed to ongoing innovation and providing excellent client experiences.
It’s undoubtedly a high bar, but we set it because we are confident in our ability to maintain our performance.
As a result, you will have access to more job opportunities than you can possibly imagine. Additionally, it is an opportunity to leave your imprint with a corporation that is bringing about change across the world.
- Website: www.att.jobs
- Size: 10000+ Employees
- Established: 1983
- Category: Company – Public (T)
- Industry: Telecommunications Services
- Revenue: $10+ billion (USD)
AT&T CEO Salary Revealed
AT&T wants to earn your trust by being transparent. They released they’re at&t ceo salary to try and show that they are a company that’s committed to ethical business practices. Their CEO, John T. Stankey earned $19.6 million in 2020.
AT&T is a company that always has the customer’s best interest in mind. They are so transparent with their customers because they want to make sure there are no surprises for them, and everything is clearly laid out before they sign up. The more people know about AT&T, the better chance they have of getting new business from existing customers or someone who had never heard of them before.
What is John T. Stankey’s salary?
J. Stankey received a total pay of $19,608,967 during his tenure as CEO and President of AT&T INC. In addition to a salary of $2,050,000, a bonus of $3,250,000 was also earned. Stock options were not granted; nonetheless, $13,499,999 was issued as stock and the remaining $808,968 came from other sources of compensation. According to proxy statements submitted for the fiscal year 2020, the following information is accurate.
They also provide information about their company’s mission, executive team, and more on their website for you to explore.
How many employees does AT&T have?
AT&T has a total of 230,000 employees. This includes their wireless and wireline operations, but not the DirecTV operation. One of the reasons AT&T is so big is because they have about 100 million wireless customers in the United States.
They recently released their CEO’s salary information for 2020, which is $19.6 million, and what their CEO does for work and how many employees they have nationwide. They also want their customers to know where their money goes when you purchase an AT&T product or service.
Why are they sharing this information?
AT&T wants to earn your trust. They’re putting out this information because they know customers are curious about what goes on behind the scenes at their company. AT&T wants you to know that they are a company that’s dedicated to doing what’s right for their employees and the communities they serve.
Employers need to be transparent about how much their CEO earns because it affects how much every employee earns, even those who are not CEOs themselves.
What is the CEO’s role at AT&T?
The CEO is the highest-ranking executive in a company, and he or she is responsible for ensuring that everyone else is doing their responsibilities properly.
This individual is regarded as the company’s executive leader. They are in charge of ensuring that the company remains profitable, making choices when required, and being present on a daily basis to ensure that everything operates as intended. As a result of their high degree of responsibility and the large number of obligations they have on their plate at the same time, CEOs often earn much more money than other employees in their organization.
Conclusion
AT&Tcompany’s headquarters are located in Dallas, Texas. They always shared information about its performance with investors, but the company is making an exception this year by disclosing at&t ceo salary. The company’s most recent filing with the Security and Exchange Commission shows that Stankey made $19.6 million in 2020.
It’s not the first time AT&T has disclosed its CEO’s pay, but it is the first time they have done so without asking investors for permission first. AT&T’s stock price is up more than 30% in the past year, so the company is confident that investors will be pleased with this new transparency. If you are interested to know about FedEx CEO net-worth, Here is the post about FedEx CEO Salary information.