Randall Stephenson became chairman and chief executive officer of AT&T Inc. in 2007, and in the years following he has transformed the company into a global leader in mobile Internet services and IP-based business communications solutions.
Under Mr. Stephenson’s leadership, AT&T has dramatically expanded its nationwide U.S. wireless business and enhanced its advanced enterprise capabilities, serving millions of business customers including multinational companies on six continents. The company also has expanded its fast-growing AT&T U-verse platform for integrated TV, data and voice services to reach some 30 million living units.
AT&T is today the world’s largest telecommunications company with more than $127 billion in 2012 revenues and 29 consecutive years of dividend growth. Over the past five years, AT&T has invested more capital into the U.S. economy than any other public company.
Mr. Stephenson began his career with Southwestern Bell Telephone in 1982 in Oklahoma. From 2001 to 2004, he was the company’s senior executive vice president and chief financial officer, and from 2004 to 2007, he served as the company’s chief operating officer. He was appointed to AT&T’s board of directors in 2005.
Under Mr. Stephenson’s leadership, AT&T has undertaken the largest education initiative in the company’s history – AT&T Aspire, a philanthropic program to help improve college/career readiness for students at risk of dropping out of high school. Launched in 2008, Aspire I invested more than $100 million to support educational initiatives, and in 2012 AT&T announced Aspire II, a new and expanded financial commitment of $250 million planned over the next five years.
Mr. Stephenson also has led AT&T’s breakthrough “It Can Wait” campaign – an education and awareness program encouraging people to never text while driving.
Mr. Stephenson is a member of the board of directors of Emerson Electric Co., a member of the PGA TOUR Policy Board and a National Executive Board member of the Boy Scouts of America. Effective January 1, 2014, he will be chairman of the Business Roundtable.
Mr. Stephenson received his B.S. in accounting from the University of Central Oklahoma, and his Master of Accountancy from the University of Oklahoma.