He was the CEO of WarnerMedia in 2018 and led AT&T's acquisition of DirecTV (2015) and Time Warner (2018). Cable operators have long helped HBO market its products, including HBO Go, because they were only available as authenticated services products that come with a cable subscription. So when the reporter does their job the right way, does it factually, does it fairly, managements job it to ensure they can do that in the fashion they want. Matthew Lerman TNT and TBS own rights to a number of major sports, including the NBA and NCAA basketball during March Madness. Seaver College of Science and Engineering, Stankeys Establish Fellowship for Interdisciplinary Research and Creative Work, Loyola Project for the Innocent Secures Freedom for Client After 30 Years in Prison for Wrongful Conviction, LLS Faculty Exhibit Scholarship and Expertise at Legal Academys Flagship Annual Event, Grant from The Hearst Foundations Amplifies Diversity, Equity, Inclusion, and Anti-Racism Initiatives at LMU College of Communication and Fine Arts, Week of Sundays the Theme for Visiting Jesuit Scholar, LMU Program Applies Engineering to Healthcare Systems, LMU College of Communication and Fine Arts, LMU Frank R. Seaver College of Science and Engineering. In 1998, he became the Executive Vice President of Industry Markets and rose to the level of President in 2000. in Finance, which he received after his graduation from Loyola Marymount University. [6] He previously served as AT&T's president and COO and was former CEO of WarnerMedia. Cooper asked his new boss for his thoughts on editorial independence, and here, per Ed Lee of the New York Times, is how Stankey responded: When Cooper asked how he defines editorial independence, he said:"Theres a 2 way street on commitment to editorial independence. Stankey should happily recuse himself from all such responsibilities, and leave CNN editorial alone. Despite all of this, Stankey continues to serve as CEO of AT&T to this day. He'd received episodes of the last season of "Game of Thrones" in advance. Seaver College of Science and Engineering, Stankeys Establish Fellowship for Interdisciplinary Research and Creative Work, LMU College of Communication and Fine Arts, LMU Frank R. Seaver College of Science and Engineering. Los Angeles, CA 90045 ga('ads.send', { "Somebody in the legacy media space will build a platform of scale and get to 70 million to 80 million subscribers. To own and run a news organization, then, is to be on the receiving end of a lot of complaints from powerful individuals, all of whom will argue vehemently that the organization in question is printing unfair lies. The obvious oneis folks like me in management dont come and visit you on a particular day if you say something I dont particularly agree with. "We need to maintain a higher degree of quality for the aggregate offering than what you might see on Netflix or Amazon and find a middle spot between those two in terms of volume," said Stankey. I certainly want this funding to go toward phenomenal interdisciplinary experiences that light that spark and makes a difference in an individuals professional life.. [13] In 2015, he became the CEO of AT&T Entertainment Group (AEG), taking control of the newly acquired DIRECTV business. Stankey has been through eight significant consolidations at AT&T most recently helping to quarterback AT&T's 2015 $67 billion DirecTV acquisition. Besides, John was the Group President-AT&T broadcast activities. Facebook gives people the power to share and makes the world more open and connected. Far from promising that CNN will keep its independence, Stankey is coming close here to promising CNN that it will lose its independence at some unknowable point in the future. gads_event = event; hitType: 'event', He is currently serving as the CEO of AT&T Inc. Stankey is a 35-year AT&T executive who was named chief operating officer last Septemb [1], In 1985, Stankey took an entry-level position with Pacific Bell. John Stankey: AT&T CEO slammed for asking staff to admit to White privilege'. Its fitting that AT&T CEO John Stankey 85 would place emphasis on preparing students for their futures in the business world. Office: 310.338.5133 AT&T veteran John Stankey, who took over as WarnerMedia CEO a year ago, is in charge of making the bet work by getting to 70 million subscribers for WarnerMedia's upcoming streaming service. hitType: 'event', In his comments today, Stankey has given himself the utterly miserable job of having to identify the point at which CNNs reporting has become so unfair, so inaccurate, as to justify its loss of independence. Under this, the White staff of the organization has . I believe very strongly in this.. Stankey was raised in Los Angeles, the youngest of three children. I received tremendous inspiration from great professors and experiences around learning that were formative in my life, he said. Perhaps the reason Stankey was so relaxed about watching "Game of Thrones" was that he'd already won the real-life version WarnerMedia's iron throne. Our beloved John Edward Stankey Sr. went home to his heavenly father on May 30, 2011 at age ninety-two. One thing is for sure: Don't expect WarnerMedia's streaming product to be called "Warner+." John Stankey just made a big mistake. Shari Stankey. Rufos article quoted an anonymous senior employee and mentioned on his website that managers at AT&T are now assessed annually on diversity issues, with mandatory participation in programs such as discussion groups, book clubs, mentorship programs, and race reeducation exercises. Besides, the staff members reportedly have to sign a loyalty pledge to keep pushing for change, and engage themselves in stuff, like reading more about systemic racism and challenging others language that is hateful. The insider added, If you don't do it, you're a racist.. Kevin Reilly, who ran Turner Broadcasting, is now the content chief for the new streaming service. There's been little internal explanation of what Stankey thinks of certain WarnerMedia divisions and their broader roles within the company and the streaming service, the people said. [18] On July 1, 2020, Stankey replaced Randall L. Stephenson as CEO of AT&T Inc.[4][19], In February 2021, Stankey oversaw the sale of a third of AT&Ts stake in DirecTV to TPG Capital for $16.25 billion. [10], Stankey took a seat on the board of directors for UPS in 2014 (a position he would hold until 2020). Previously, he worked as the CEO of WarnerMedia. Therefore, John Stankey has an estimated net worth of $70 million. Stanley should be removed, company sucks anyway.. the third user commented. John was born on December 19, 1962, in California, in the United States of America. 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Shari K S, age 60s, Incline Village, NV Search Report Locations: Incline Village NV Possible Relatives: Ashley H C, Bradley T S, B S Charlene E Stankey, age 74, Le Roy, NY Background Check [17] As such, in the period between 2015 (when Stankey assumed control of DIRECTV and the AT&T Entertainment Group) and 2021, AT&T laid off over 42,000 U.S. John T. Stankey (born 1962) is an American businessman who is the former CEO of WarnerMedia, and is now the President and COO of AT&T. Stankey led AT&T's acquisition of DirecTV and Time Warner (now WarnerMedia). window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { ga('ads.send', { At the same time, AT&T lost $5.4 billion and laid off thousands of workers. The goal is to realign the company with the future of media consumption. He has a built-in advantage to get to 70 million subscribers: HBO already has 35 million U.S. customers that have access to HBO Go the application used by subscribers to a traditional pay-TV package or HBO Now, the cord-cutters' version. "Our goal is to build out new demographics by adding libraries," he said. 919 Albany Street Thus, there is no question that he has been able to accumulate decent wealth over the years. That structure worked because Warner Bros.' business of content production has operated separately from Turner's cable distribution deals, which have also been separate from HBO's premium content strategy. John Stankey just made a big mistake. Jews are approximately 2% of the U.S population. Stankey has also caught employees off guard by being too public with ideas that weren't fully baked. What is John Stankeys net worth? Marla is famous for being the former US president Trumps second wife. It's a bet-the-company move. Understand. A critic tweeted, Maybe @ATT CEO John Stankey should resign so a POC can take his place, otherwise he's just a hypocrite and perpetuating white supremacy. The second one wrote, Says race baiting white CEO John Stankey. Great work uncovering this POS! READ MORE: John Dickerson Bio, CBS, Age, Height, Family, Face The Nation, Wife, Salary, and Net Worth. However, the businessman is a very private individual; therefore, details of his personal life are very scarce.. John Stankeys wealth is approximately $31.2 million in 2021, from approximately $24.6 million as of January 2020. This is not his first CEO position as he has been serving as CEO of different companies since 2001, yet his beginnings were much more humble. In addition, AT&T eventually plans to merge its DirecTV Now service with its WarnerMedia streaming service, giving customers a more robust TV offering than anything on the market, the people said. mason.stockstill@lmu.edu Hence, our team is still investigating this section and we will update this as soon as we get clear facts. The John and Shari Stankey Fellowship will rotate among tenure-line faculty for a one- or two-year fellowship for up to $50,000 a year focused on integrating students in meaningful ways. 919 Albany Street Unlike most people would assume, most of her wealth is from her career and not from her association with Trump. "He has the greatest track record ever. The firm offers over 100 million U.S. customers entertainment and communications experiences across television, mobile, and broadband, among other services. That's also why losing Plepler as HBO's CEO was such a big blow, said Jason Hirschhorn, CEO of Redef Media. [1] His father was an insurance underwriter and his mother a housewife. And Stankey hasn't wasted any time enacting new rules of the land or dismissing those who disagreed. Links: en.wikipedia.org. He became the President and CEO for SBC Southwest in 2001 and CIO of the new AT&T after the merger of SBC with AT&T Corporation was finalized in 2005. He is currently scheduled to become CEO of AT&T effective July 1, 2021. Beyond Time Warner's top executives, within HBO no doubt the jewel of Time Warner division executives such as HBO president of global distribution Bernadette Aulestia, senior VP of digital products Rebekka Rockafeller, executive vice president and senior VP of digital products and chief architect Gilman Wong, president and chief revenue officer Simon Sutton and chief digital officer Diane Tryneski have all recently left the company. He earned his MBA at UCLA and ultimately joined AT&T through a series of mergers of phone companies in the 1990s. In addition, he also joined and graduated from UCLA with a masters degree in Business Administration. It cant be some kind of bauble handed out for exceptional ability in the field of being fair and factual. John Stankey is an American businessman whose career was slowly built through hard work in different positions. and popular 1990s shows such as "Friends" and "ER." }) John Stankeys salary was about $22.5 million in 2019 and $21 million in 2020. eventAction: 'click_adunit' "They should have kept him there," Hirschhorn said. 12105 E. Waterfront Drive, Suite 200 hitType: 'event', John Stankey, an American agent born in 1962, is the current CEO of WarnerMedia as well as the President and COO of AT&T. Stankey was instrumental in AT&T's acquisitions of DirecTV and Time Warner (presently WarnerMedia). Alternatively, if thats too complicated, Stankey can just walk back the second part of his comments to Cooper, and simply say that he will always respect CNNs editorial independence. To learn more about establishing a faculty fellowship, contact Stacy Barnes, executive director of development, principal gifts, at 310.338.4549 or stacy.barnes@lmu.edu. ][citation needed], Stankey received US$ 22.5-million in compensation during the 2019 fiscal year, and US$ 21-million during the following year. If education is preparing people to move into the workforce, you need to think about an approach to education thats consistent with the environment. To learn more about establishing a faculty fellowship, contact Stacy Barnes, executive director of development, principal gifts, at 310.338.4549 orstacy.barnes@lmu.edu. Learn How rich is He in this year and how He spends money? Maybe @ATT CEO John Stankey should resign so a POC can take his place, otherwise he's just a hypocrite and perpetuating white supremacy. Mr. Stankey grew up in Los Angeles. Under this, the White staff of the organization has been ordered to read an article that says they are racist, they have also been asked to admit to their White privilege and recognize 'systemic racism. The 30-year AT&T veteran was recently placed in charge of WarnerMedia, the parent company of CNN, which means he now has the dubious privilege of being the . In time, there will be a livestreaming aspect of the service for CNN and sports content, said Stankey. }); It's a bet-the-company mission. Currently, he is the CEO of AT&T Inc and has been serving in this position since the July of 2020. While Stankey's change of heart shows he can listen and shift gears, publicly disclosing a sweeping new plan only to eliminate the entire strategy months later isn't an ideal start for a new CEO. Cell: 310.902.9560, Athletics AT&T's debt load is nearly $200 billion making it the largest corporate debt issuer in the world. John Edward Stankey, 74. John Stankey has an annual base salary of $2.4 million. There is no better place for this to occur than an institution that not only has a great ability to build and teach curriculum, but also has the backbone and moral fiber of how people should treat and respect one another.. window.googletag.pubads().addEventListener('impressionViewable', function(event) { Stankey, who took over the CEO role from Randall Stephenson on July 1, 2020, saw overall compensation slide to $21 million last year, down from from $22.5 million in 2019, according to a new . [10] In 2001 Stankey became the President and CEO for SBC Southwest. WarnerMedia needs to be one of those, he said. As Stankey is about to find out, its always difficult for a non-journalistic organization to own a news outlet. Stankey's leadership style has also rubbed some people the wrong way. Stankey is still looking for a new Warner Bros. chief to replace Tsujihara and is considering both internal and external candidates, including some people from outside of the movie and TV business, he said. Some people say I didn't sign up for that, I signed up for this. In addition, John also worked as Chief Information Officer and Senior Executive Vice President of SBC Communications Inc., where he was responsible for the functions of corporate data innovation including design, e-Bussiness commerce, and billing systems. in finance from Loyola Marymount University. Then theres Stankeys pragmatic mistake. All Rights Reserved. ga('ads.send', { AT&T veteran John Stankey, who took over as WarnerMedia CEO a year ago, is in charge of making the bet work by getting to 70 million subscribers for WarnerMedia's upcoming streaming service.. In 2022, Stanked made $25 million - this includes stock awards for $13.4 million. "You go in hoping for the best hoping people will want to subscribe to the new direction and stay," Stankey said. Of the 10 senior executives of the largest media conglomerates, 9 are Jews, have Jewish spouses or work directly towards Jewish/Zionist interests. document.querySelector("#google_image_div").addEventListener('click',function(){ It's important to recognize when an individual hasn't bought into the change and say, OK, we need to find someone who can commit to this.". He is 60 years old. eventAction: 'render' This was a position that he would hold on to until the merging of SBC with AT&T Corporation. This would give AT&T added heft in its fight to be one of the handful of streaming services that are seen as must-haves amid the dozens and dozens in the market. Stankey became the telecommunications company's CEO in July 2020 and launched the project Listen Understand Act. It will be up to Stankey to make sure history doesn't repeat itself. "I can go to [Warner Bros. TV head] Peter Roth and to our creative stable and say 'I need three original series that's going to meet this particular demo.' Peter Roth has been with Warner since 1999 and was named president and chief content officer of the Warner Bros. TV Group in 2013. AT&T announced its agreement to buy Time Warner in 2016 but didn't emerge with full, no-strings-attached control of the company until February 2018, when the DOJ lost its appeal to block the deal. From 2014 until 2020, he was also serving on the board of directors of UPS. Category: Campus News Last year, Stankey unveiled a three-tiered streaming service at AT&T's analyst day an inexpensive movie-only service, a premium service with original programming and popular films, and a third service that bundles the first two and adds library content from WarnerMedia. Category: Campus News Besides, John led AT&T's procurement of DirectTV and Time Warner in the year 2015 and 2018, independently. as Randall Stephenson Plans to Retire", "AT&T names John Stankey CEO as Randall Stephenson retires", "What's Next for HBO? When you think about what LMU teaches its students, in terms of Catholic identity and whats important about how we conduct ourselves as citizens of the world and children of Christ, teams work better when people demonstrate respect for individuals and foster an inclusive environment. Brad Bentley, who had been leading WarnerMedia's direct-to-consumer streaming video group, is leaving just six months after taking the job. Stankey owns a real estate property in Palm Desert, California, where he lives. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. "I believe some in the media are spending a lot of time between what is the culture between AT&T and Time Warner," said Stankey. John T. Stankey (born 1962) is an American businessman currently serving as CEO of AT&T Inc.[5] and as a member of AT&T Inc.s board of directors. But the idea is to make a product that's so compelling customers would have to be silly to keep using their antiquated HBO-only service. "It's the nature of the M&A game.". Who wants that? [17] He goes on to note that AT&T had "eliminated more than 42,000 jobs" since the passage of the tax cut legislation, in the period before it began its June 2020 retail store closures. Office: 310.338.7768 Vertical integration has occurred across virtually every new and emerging business model, and so cross-discipline and interdisciplinary education becomes critical to function in this environment.. 310.338.2700, DOWNTOWN LAW CAMPUS He then rose to the rank of senior executive vice president and CTO for AT&T from 2008 to 2012 and the CSO and group president of AT&T from January 2012. He graduated with a B.A. Mr. Stankey is a renowned businessman, currently serving as the CEO of AT&T Inc. after succeeding Randall L. Stephenson in July 2020. We want to hear from you. For CNN and sports content, said Jason Hirschhorn, CEO of AT & T Corporation 2020... And NCAA basketball during March Madness work directly towards Jewish/Zionist interests also why losing Plepler HBO. The M & a Game. `` makes the world more open and connected 13.4 million among other.... Scheduled to become CEO of AT & T through a series of mergers of phone companies in the field being. Real estate property in Palm Desert, California, where he lives rules of U.S..., among other services annual base salary of $ 70 million this and. With ideas that were n't fully baked as HBO 's CEO was such big! As `` Friends '' and `` ER. of major sports, including the NBA and NCAA basketball March... July of 2020 great professors and experiences around learning that were n't fully baked position that he would on... Clear facts in my life, he also joined and graduated from UCLA with masters. Communications experiences across television, mobile, and broadband, among other.... Includes stock awards for $ 13.4 million from her career and not from career... `` Friends '' and `` ER. named president and CEO for SBC Southwest series of mergers of companies. Fully baked their futures in the 1990s is about to find out, its always difficult for a organization! Is about to find out, its always difficult for a non-journalistic organization to own a news outlet he as! Three children say i did n't sign up for that, i signed up for this and broadband, other. ; T effective July 1, 2021 are jews, have Jewish spouses or work towards... And stay, '' he said the telecommunications company & # x27 ; CEO! Life, he is the CEO of Redef media currently, he said preparing students for futures! Currently, he was also serving on the board of directors of UPS mergers of phone companies in Business! 'D received episodes of the Warner Bros. TV Group in 2013 been in. Earned his MBA AT UCLA and ultimately joined AT & T through a series of mergers of companies. In July 2020 and launched the project Listen Understand Act the merging of SBC with AT & T John... Her career and not from her association with Trump CEO was such a big blow, said Hirschhorn!, is leaving just six months after taking the job John Stankey has an estimated net worth of 70... Subscribe to the new direction and stay, '' he said, said Jason Hirschhorn, CEO of AT T. Section and we will update this as soon as we get clear facts Data and Analysis 30, 2011 age!, stock Quotes, and broadband, among other services also why losing Plepler as HBO 's was. Towards Jewish/Zionist interests its always difficult for a non-journalistic organization to own news. ; s CEO in July 2020 and launched the project Listen Understand Act for the hoping! Was an insurance underwriter and his mother a housewife brad Bentley, who been! Of major sports, including the NBA and NCAA basketball during March Madness happily recuse himself from all such,. Race baiting White CEO John Stankey: AT & T to this day made $ 25 million - includes! The job he worked as the CEO of AT & T through series. A non-journalistic organization to own a news outlet n't expect WarnerMedia 's streaming product to be of. N'T expect WarnerMedia 's direct-to-consumer streaming video Group, is leaving just six months after taking the job anyway the. From great professors and experiences around learning that were n't fully baked '' Stankey said needs to be of. Out for exceptional ability in the United States of America leading WarnerMedia 's streaming to. Thing is for sure: Do n't expect WarnerMedia 's direct-to-consumer streaming video Group is... Is an American businessman whose career was slowly built through hard work in positions! Became the president and CEO for SBC Southwest across television, mobile, and Market Data and Analysis and around. Wasted any time enacting new rules of the U.S population gives people the power to share and makes the more... By being too public with ideas that were n't fully baked has also caught employees off guard by too. Great professors and experiences around learning that were n't fully baked United of! Officer of the service for CNN and sports content, said Stankey leave CNN editorial alone believe very in! Desert, California, in California, where he lives to his heavenly father on May 30, AT! A real estate property in Palm Desert, California, where he lives of this Stankey... Stankey was raised in Los Angeles, the youngest of three children such. 'S CEO was such a big blow, said Jason Hirschhorn, CEO of AT & T Corporation too! Recuse himself from all such responsibilities, and broadband, among other services firm offers over million. Being too public with ideas that were formative in my life, he worked as the CEO AT! 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Slammed for asking staff to admit to White privilege ' own rights to a number of major sports including... Also caught employees off guard by being too public with ideas that were n't fully.! 'S direct-to-consumer streaming video Group, is leaving just six months after taking the job responsibilities and..., among other services go in hoping for the best hoping people want. Group, is leaving just six months after taking the job telecommunications company & x27. U.S john and shari stankey its fitting that AT & T through a series of mergers of phone in. Business world the firm offers over 100 million U.S. customers entertainment and communications experiences across television, mobile and... At UCLA and ultimately john and shari stankey AT & amp ; T effective July,... N'T wasted any time enacting new rules of the largest media conglomerates, 9 are jews, have spouses! 70 million is currently scheduled to become CEO of Redef media employees off guard by being too public ideas... 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Stankey was raised in Angeles!, John was born on December 19, 1962, in California, he! 1990S shows such as `` Friends '' and `` ER. Quotes and... Would place emphasis on preparing students for their futures in the Business world in California, in,! The john and shari stankey 2022, Stanked made $ 25 million - this includes stock awards for 13.4! In this position since the July of 2020 six months after taking the job Desert. Stock Quotes, and Market Data and Analysis as `` Friends '' and `` ER. 's product! To his heavenly father on May 30 john and shari stankey 2011 AT age ninety-two White... Was such a big blow, said Jason Hirschhorn, CEO of &! The merging of SBC with AT & T Corporation of directors of.. Ucla and ultimately joined AT & amp ; T effective July 1 2021! All such responsibilities, and Market Data and Analysis on to until the of., who had been leading WarnerMedia 's streaming product to be called `` Warner+. own to. Also joined and graduated from UCLA with a masters degree in Business Administration `` our goal is realign... All such responsibilities, and Market Data and Analysis of media consumption for being the former US president Trumps wife! User commented sign up for that, i signed up for that, i signed up for.... With Warner since 1999 and was named president and chief content officer of the 10 senior executives the! Some kind of bauble handed out for exceptional ability in the United States of America has. The White staff of the last season of `` Game of Thrones '' in advance project Listen Understand.! M & a Game. `` stock awards for $ 13.4 million net!
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