Randall Stephenson, Former AT&T Chief And Time Warner Dealmaker, Quits PGA Policy Board On Eve Of Senate Hearing On LIV Merger
deadline.comRandall Stephenson, the former chairman and CEO of AT&T and architect of the telecom giant’s ill-fated acquisition of Time Warner, has resigned from the policy board of the Professional Golf Association at a critical moment.
On Tuesday morning, PGA officials and others are expected to testify before the Senate Permanent Subcommittee on Investigations, which is chaired by Sen.
Richard Blumenthal (D-CT). Among those the committee will question are Jimmy Dunne, the policy board member who helped broker the deal, and Ron Price, the PGA Tour’s chief operating officer.
Stephenson, who had been a member of the influential policy board since 2012, stepped down from it over the weekend, with his sharply worded resignation letter reported by the Washington Post, The New York Times and others.
Read more on deadline.com