Sundar PichaiSundar Pichai earned $164M in 2023

Randall L. Stephenson served as the CEO and Chairman of AT&T from 2007 until 2021. His journey with the company began in 1982 when he joined through its subsidiary, Southwestern Bell Telephone. Over the years, he took on various roles,...

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Randall L. Stephenson

Ex-CEO of AT&T

Education

Not available

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

January 1, 1960 - 65 years ago

CEO of AT&T for

13 years 0 months (Jun 2007 - Jun 2020)

Previous Experience

Chief Operating Officer of AT&T

Holdings

See how much did Randall L. Stephenson make over time.

Randall L. Stephenson has made significant investments in AT&T and recently added about 70,000 shares in Walmart. In 2020, he owned nearly 1.4 million shares of AT&T, indicating a strong belief in the company's potential despite challenging times. His holding...

Mar 17, 2025

Charitable Transactions

T

407,215.84 shares

T

WMT

10,200 shares

WMT

Recent Charitable Transactions

WMT

10,200 shares

WMT

Feb 28, 2025

Charity

T

239,715.84 shares

T

Oct 31, 2018

Charity

T

82,500 shares

T

Jul 31, 2014

Charity

T

85,000 shares

T

Nov 19, 2012

Charity

Insider Trading

See recent insider trades of Randall L. Stephenson.

WMT

10,200 shares

WMT

Feb 28, 2025

Charity

WMT

372 shares

WMT

Sep 30, 2024

Received

WMT

443 shares

WMT

Jun 30, 2024

Received

WMT

2,978 shares

WMT

Jun 5, 2024

Received

WMT

499 shares

WMT

Mar 31, 2024

Received

WMT

190 shares

WMT

Dec 31, 2023

Received

WMT

188 shares

WMT

Sep 30, 2023

Received

WMT

170 shares

WMT

Jun 30, 2023

Received

WMT

1,357 shares

WMT

May 31, 2023

Received

WMT

170 shares

WMT

Mar 31, 2023

Received

Compensation History

See how much did Randall L. Stephenson make over time.

In 2020, Randall L. Stephenson's total compensation was about $2.25 million. His base salary was $900,000, but he took action by reducing this salary and his bonus by 50% in response to business challenges. His previous years saw much higher earnings; for instance, in 2019, he earned around $18 million, bolstered mostly through bonuses and vested stock. Throughout his tenure, his pay was tied closely to performance metrics like earnings per share and free cash flow. This strong alignment with AT&T's success reflects a common trend among corporate leaders, who often see their compensation as a direct result of the company's performance. His proactive decisions during tough times highlight a commitment to balancing personal earnings with the company’s health.

Year

2020

Total Compensation

$4.39M

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align with stockholder interests, be competitive and market-based, and reward performance.

Bonus

$2.25M

Board Justification

Mr. Stephenson's target STIP was not adjusted in 2020. His STIP payout was therefore 37.5% of target, or one-half of the 75% established by the Committee for executive officers.

Other

$1.24M

Board Justification

This includes personal benefits, Company-paid life insurance premiums, and Company matching contributions to deferral plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2020 as he relinquished his salary for the second half of the year and requested a 50% reduction in any short-term award that was approved by the Committee.

Performance Metrics

The performance metrics for Mr. Stephenson's compensation were based on the achievement of predetermined goals, including Earnings Per Share and Free Cash Flow.