Moves, Removes at Ma Bell

AT&T, the San Antonio, Texas-based phone company, is going through some executive changes and making some cuts in its big VP corps, sources tell me. Cutting costs at this level shows that Ma Bell’s C-Suite is worried about today’s economic realities.

First the juicy bit: Ma Bell is offering packages to VP-level executives in the hopes that they’ll leave. If they don’t want to leave, they will be demoted, my sources tell me. Now that’s a carrot-and-a-stick approach if there ever was one!

At the higher echelons, there have been some moves as well. AT&T recently hired former VeriSign executive John Donavon to be CTO, overseeing network upgrades and research, a move that got less prominence than the destined-to-fail and quite dumb idea, the 3D Pogo browser. Andrew Stern, who used to be the CEO and chairman of USi, a company recently acquired by AT&T, has left, another bit of news that AT&T didn’t share with those who follow the company. Chris Rice is apparently taking over for him.

You're subscribed! If you like, you can update your settings


Comments have been disabled for this post