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,...

Current Market Cap

$157.74B

Number of Employees

160.7K

Total Compensation

2016 - 2020

Trending down by -76.58% last year
Showing total compensation for the last 2016 - 2020

Stock

Down by -100.00% last year

Salary

Down by -50.00% last year

Bonus

Down by -57.39% last year

Other

Down by -20.65% last year

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.

SEC Filing

From March 11, 2021