WarnerMedia CEO John Stankey Promoted to AT&T COO

In a major personnel move, AT&T Sept. 3 announced that John Stankey has been appointed president and chief operating officer of AT&T, effective Oct. 1, a new position reporting to Randall Stephenson, AT&T chairman and CEO.

Stankey will continue serving as CEO of WarnerMedia, the4 corporate umbrella operating Warner Bros., HBO and Turner.

The company also promoted Jeff McElfresh to CEO of AT&T Communications, effective Oct. 1, replacing John Donovan, who earlier announced his retirement.

McElfresh will lead AT&T’s largest business unit, AT&T Communications, reporting to Stankey in his new role will be, in addition to his current WarnerMedia executive team; and Brian Lesser, CEO of Xandr.

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“Now is the time to more tightly align our collection of world-class content, scaled consumer relationships, technical know-how and innovative advertising technology,” Stephenson said in a statement. “It’s the natural next step in bringing together the distinct and complimentary capabilities of AT&T Communications, WarnerMedia and Xandr to deliver for consumers the benefits of a modern media company.

Stankey, 56, joined AT&T in 1985 and has served in a variety of leadership roles, including: corporate strategy and M&A; media and entertainment; operations, IT and technology; consumer mobility, broadband and TV; and enterprise business.

McElfresh, 48, has nearly 25 years of experience with AT&T in a variety of strategic, operational and technology leadership roles. Before being named to lead AT&T Communications, McElfresh was president of AT&T Communications’ Technology and Operations group where he was responsible for the company’s network, technology, cybersecurity, data and labs operations.

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