AT&T has tapped WarnerMedia CEO John Stankey to helm the telecommunications giant as president and chief operating officer.
Stankey (pictured) assumes the newly-created position on Oct. 1, while maintaining his position as CEO at WarnerMedia.
He joined the company in 1985, serving 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.
“Now is the time to more tightly align our collection of world-class content, scaled consumer relationships, technical know-how and innovative advertising technology,” Randall Stephenson, AT&T chairman and CEO, 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… AT&T is alone in the industry in being able to bring together these three great businesses for the launch of innovative consumer offers, relevant advertising and new entertainment services like HBO Max.”
The company also named Jeff McElfresh – formerly president of AT&T Communications’ Technology and Operations group – CEO of AT&T Communications. He will succeed John Donovon, who retires Oct. 1.
McElfresh also served as CEO of AT&T’s Vrio, DirecTV Latin America and Sky Brasil businesses. He was also the president of AT&T Mexico and a member of the board of directors and executive committee of Telmex and América Móvil.