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John Stankey elected Chairman of AT&T's Board of Directors, William Kennard named Lead Independent Director

1. John Stankey elected Board Chair of AT&T, enhancing governance structure. 2. This change aids in executing a three-year strategic plan. 3. Kennard transitions to Lead Independent Director role, promoting independence. 4. Focus on long-term shareholder value through improved governance opportunities.

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FAQ

Why Bullish?

Governance changes often signal strategic improvements, bolstering investor confidence. Past leadership changes in corporations often led to positive stock performance.

How important is it?

Leadership changes directly influence company strategy, affecting future performance and investor sentiment. The new Chair's track record already includes significant leadership experience.

Why Long Term?

The strategic plan spans three years, indicating sustainable improvements over time. Historical success of strategic leadership changes supports long-term bullishness.

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, /PRNewswire/ -- AT&T (NYSE:T) announced on February 14, 2025 that its directors have unanimously elected John Stankey to the role of Board Chair. Stankey succeeds William E. Kennard, who was elected Lead Independent Director. "As AT&T embarks on its comprehensive, Board-approved three-year strategic and capital allocation plan, this change provides the right governance structure for the Board," said Bill Kennard, outgoing Chair and incoming Lead Independent Director of AT&T. "This will increase our governance agility and enhance our ability to seize opportunities to create long-term shareholder value while maintaining robust independent leadership of the Board." Stankey was named President and CEO in 2020. About AT&T   We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com. © 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property. SOURCE AT&T WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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