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11/6/2020, 8:24 PM (Source: TeleTrader)
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AT&T names William Kennard as chairman

AT&T Inc announced on Friday it has chosen William E. Kennard to replace Randall Stephenson as the company's chairman of the board.

Kennard, who joined AT&T's board in 2014, will assume the position in January 2021 after Stephenson retires. He is also a member of the boards of Duke Energy Corporation, Ford Motor Company and MetLife, Inc. and is the founder of private equity company Astra Capital Management. Earlier, Kennard served as US Federal Communications Commission chairman.

"Bill’s deep knowledge of communications, media and technology, proven leadership and broad experience across capital markets and government uniquely positions him to serve as AT&T’s new chairman," Stephenson stated.

Breaking the News / NP