Todd Spangler NY Digital EditorAfter 28 years with AT&T, CFO John Stephens plans to retire next March. The company named WarnerMedia CFO Pascal Desroches as the successor to Stephens, effective April 1, 2021.
Until then, Desroches will serve as AT&T’s senior EVP, finance.Stephens started his tenure as AT&T’s CFO in 2011, holding the position through the company’s massive acquisitions of DirecTV and Time Warner.
Previously, he had served as SVP and controller since November 2001 and before that was the telco’s VP of taxes. He joined AT&T in 1992 as director of federal taxes in St.
Louis.“I greatly appreciate John’s outstanding leadership, tireless dedication and many significant contributions to AT&T over the years,” AT&T CEO John Stankey.
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