Stankey Handed AT&T Strategy Role
John Stankey now has a bigger role in shaping AT&T Inc. (NYSE: T)'s future following an executive reshuffle by the carrier announced late Monday.
Stankey now holds the newly created post of chief strategy officer, AT&T announced. His job will be to chart AT&T's future: His responsibilities include areas such as corporate development, capital allocation, and the big question -- what to do about wireless capacity in the long term.
Among the other changes:
Why this matters
The future of AT&T now appears to rest on the shoulders of Stankey, who has run nearly every major piece of the company during his 27 years there, according to Monday's press release.
The release doesn't say Stankey is taking over Miller's job. But in the wake of the T-Mobile US Inc. merger collapsing, Stankey is suddenly in charge of the future roadmap, including the key spectrum question the merger was supposed to address.
Our ongoing coverage of the failed AT&T/T-Mobile deal -- and its aftermath -- can be found here.
— Craig Matsumoto, West Coast Editor, Light Reading