What is John Stankey net worth?
John Stankey net worth 2023: John T. Stankey is an American businessman currently serving as CEO of AT&T Inc. and as a member of AT&T Inc.’s board of directors. He previously served as AT&T’s president and COO and was former CEO of WarnerMedia.
John Stankey Net Worth 2023
|Net worth||$76 million|
|Name||John T. Stankey|
|Date of birth||1962|
|Occupation||businessman and CEO of AT&T Inc.|
Early life and education
Stankey was raised in Los Angeles, the youngest of three children. His father was an insurance underwriter and his mother a housewife. In the 1980s, he graduated with a B.A. in finance from Loyola Marymount University. In 1985, he took an entry-level position with Pacific Bell. In 1991, he earned an M.B.A. from UCLA.
In 1995, after Southwestern Bell Corporation became SBC Communications, Stankey served as the Executive Vice President of Industry Markets beginning in 1998 becoming the Executive President of Industry Markets in 2000.
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In 2001 Stankey became the President and CEO for SBC Southwest. Stankey served as CIO of the “new AT&T” after the merger of SBC with AT&T Corporation finalized in 2005, becoming the senior executive vice president and CTO for AT&T from 2008 to 2012, Stankey held various senior executive positions within the company and in January 2012, Stankey became the CSO and group president of AT&T Inc.
In 2015, Stankey became the CEO of AT&T Entertainment Group and during the merger of Time Warner with AT&T, Stankey served as the senior executive vice president of AT&T/Time Warner merger integration planning. He earned $22.5 million from AT&T in 2019 and $21 million in 2020; in 2020, AT&T lost $5.4 billion and cut thousands of jobs.
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On October 1, 2019, Stankey became the COO of AT&T while continuing to serve as the CEO of WarnerMedia.
On April 1, 2020, Stankey announced that he would be stepping down as CEO of WarnerMedia, and that former Hulu CEO Jason Kilar would be assuming that role effective May 1, reporting to Stankey who will continue as COO of AT&T.
On April 24, 2020, AT&T announced that effective July 1, 2020, Stankey will replace Randall L. Stephenson as CEO of AT&T.
John Stankey Net Worth
As of 2023, John Stankey net worth is $75 million. Since June 2018, Stankey has been the CEO of WarnerMedia which owns various media and film corporations, including Warner Bros., HBO, Turner Broadcasting System, and CNN.