Form 8-K · Current Report · Filed 2026-06-16
AT&T Announces CFO Succession Plan
On June 11, 2026, AT&T Inc. announced the retirement of Pascal Desroches, its current Senior Executive Vice President and Chief Financial Officer (CFO), effective December 31, 2026. Jennifer Biry has been appointed as Deputy CFO, effective July 6, 2026, and will succeed Desroches as Senior Executive Vice President and CFO on January 1, 2027. Biry previously served as CFO and COO of McAfee and held various senior positions at AT&T since 1999. A potential conflict of interest is noted as Biry's stepdaughter is employed by an AT&T subsidiary.
- Filer
- AT&T Inc. T · NYSE
- Filed
- Accession
- 0001193125-26-272580
- CIK
- 0000732717
- Signal
- High impactCommunication Services
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$23.29
Next session
-3.6%
Since filing
-0.2%
Latest close
$23.25
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from T reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, T insiders reported 21 Form 4 transactions — net buying of $2.8M.
About AT&T Inc.
AT&T Inc. is a leading telecommunications conglomerate that provides a wide array of communication services. Its primary function is to offer wired and wireless voice and data telecommunications services to consumers, businesses, and governmental agencies. AT&T operates prominent brands such as AT&T Mobility, offering wireless voice and data services, and provides broadband subscription television services through its subsidiary, DirecTV. The company plays a significant role in pioneering broadband networks and building advanced mobile and 5G infrastructures, impacting various sectors such as media, entertainment, and technology. Headquartered in Dallas, Texas, AT&T also holds a strategic position in content distribution following its acquisition of Time Warner, diversifying with ventures into media production and streaming services. AT&T continues to be a driving force in shaping global communications and media landscapes by maintaining robust connectivity solutions and content delivery mechanisms.
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