AT&T (T) announced that its board has elected John Stankey to the role of Board Chair. Stankey succeeds William Kennard, who was elected Lead Independent Director.
Stankey was named President and CEO in 2020.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.