AT&T’s chief executive John Stankey had a $24.8 million salary in 2021, as compared to his $21 million pay the year prior and $22.5 million earnings in 2019, per the telecommunications giant’s Securities and Exchange Commission filing made available Tuesday.
While the CEO made a base salary of $2.4 million in 2021 (slightly higher than his $2.05 million in 2020), he received stock awards valued at $13.42 million.
However, Stankey’s non-equity incentive plan more than doubled from $3.25 million to $6.88 million from 2020 to 2021.According to the filing, CFO Pascal Desroches received $11.7 million overall compensation in 2021, his first year in the position.
AT&T’s executive chairman, Randall Stephenson, who is now retired, was given a total payout of $16.3 million in 2021, compared with $29.1 million in 2020.AT&T, which is looking to spin off WarnerMedia in a $43 billion deal to merge its media properties with Discovery, did not disclose the last year’s overall pay package for WarnerMedia CEO Jason Kilar.
Read more on thewrap.com
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