SBC’s Operating Chief Is Added to Board
From Bloomberg News
SBC Communications Inc., which is acquiring AT&T; Corp. for $16 billion, appointed Chief Operating Officer Randall Stephenson to its board and increased the number of directors to 15.
Stephenson, 45, will join Chief Executive Edward Whitacre as the only SBC executives on the board of the second-largest U.S. local telephone company.
Whitacre, 63, has said he’s unlikely to stay on after he turns 65 and that Stephenson is among the candidates to succeed him.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
