All contents 2023 The Slate Group LLC. window.googletag.pubads().addEventListener('slotOnload', function(event) { John stands approximately at the height of 5 feet 6 inches (Approx. Stankey worked part-time at a sporting goods store while in high school. The combination of Warner's library, Warner originals, live linear channels and other aggregated streaming products may keep customers from leaving AT&T's platform the desire of every media company. Then, after the DOJ lost its legal challenge and AT&T was free to merge Time Warner as it saw fit, the departures accelerated. [7][6][8] Stankey led AT&T's acquisition of DirecTV and Time Warner in 2015 and 2018, respectively. To learn more about establishing a faculty fellowship, contact Stacy Barnes, executive director of development, principal gifts, at 310.338.4549 or stacy.barnes@lmu.edu. Westchester Main Campus 1 LMU Drive Los Angeles, CA 90045 310.338.2700 Downtown Law Campus 919 Albany Street John holds a BBA in Finance from Loyola Marymount University and an MBA from UCLA.. Recently, John worked as AT&Ts senior executive VP and chief innovation officer, where he dealt with data innovation, real estate, product improvement, and client assistance. Besides, he grew up with three siblings. All Rights Reserved. You're probably not going to get it unless you're able to do both.". WarnerMedia CEO John Stankey on HBO, CNN, and company growth. What he must not do, however, is implicitly reserve the right to remove CNNs editorial freedoms if and when he determines that its reporters havent done their jobs the right way.. John Stankey has been with AT&T for 36 years, making him one of the most experienced members of the company. AT&T's CEO John Stankey has come under fire after journalist Christopher Rufo revealed his internal program introduced in the aftermath of the May killing of George Floyd. You are already subscribed to our newsletter! Learn How rich is He in this year and how He spends money? John Stankeys office is in Dallas, Texas, United States, where AT&Ts headquarters are found. This was a position that he would hold on to until the merging of SBC with AT&T Corporation. Besides, John led AT&T's procurement of DirectTV and Time Warner in the year 2015 and 2018, independently. "I made a commitment.". John Stankey has an annual base salary of $2.4 million. A few months later, in July of that same year, Stankey assumed the role of CEO of AT&T Inc. Nearly one year ago, after a prolonged fight against the Department of Justice, AT&T and Stankey got control of a sprawling media company that's really three major media companies in one: The legendary Warner Bros. production studio, founded in 1923; Turner Broadcasting, named for media mogul Ted Turner, which merged cable stations including CNN, TBS and TNT with Time Warner in 1996; and HBO, founded in 1972 by Charles Dolan and sold to Time Inc. as the first national cable channel. Additionally, he owns more than 34,614 units of AT&T stocks that are worth over $8,677,534. hitType: 'event', Los Angeles, CA 90015 However, this amount may be much higher considering the handsome salary he earns in his role. 919 Albany Street However, the businessman is a very private individual; therefore, details of his personal life are very scarce.. John Stankeys wealth is approximately $31.2 million in 2021, from approximately $24.6 million as of January 2020. Stankey is still looking for a new Warner Bros. chief to replace Tsujihara and is considering both internal and external candidates, including some people from outside of the movie and TV business, he said. }); AT&Ts CEO John Stankey has come under fire after journalist Christopher Rufo revealed his internal program introduced in the aftermath of the May killing of George Floyd. Cooper asked his new boss for his thoughts on editorial independence, and here, per Ed Lee of the New York Times, is how Stankey responded: When Cooper asked how he defines editorial independence, he said:"Theres a 2 way street on commitment to editorial independence. AT&T paid $104 billion including debt for Time Warner a 35% premium to where Time Warner was trading when Bloomberg first broke news of the deal. 310.338.2700. It's fitting that AT&T CEO John Stankey '85 would place emphasis on preparing students for their futures in the business world. In time, there will be a livestreaming aspect of the service for CNN and sports content, said Stankey. Disney said in April it estimated Disney+ would have 60 million to 90 million subscribers by 2024. [10] Rapidly eliminating leaders is what a company does when it buys a distressed or underperforming asset. That didn't happen by accident.". 1 LMU Drive It's a bet-the-company mission. Born in Anaheim in 1918, son of Amanda and Julius Stankey, John (Ed) was a graduate of UC Berkeley in Electrical Engineering. Get this delivered to your inbox, and more info about our products and services. Vertical integration has occurred across virtually every new and emerging business model, and so cross-discipline and interdisciplinary education becomes critical to function in this environment.. The second part, however, is not fine at all. He then rose to the rank of senior executive vice president and CTO for AT&T from 2008 to 2012 and the CSO and group president of AT&T from January 2012. 1 LMU Drive Stankey's leadership style has also rubbed some people the wrong way. WATCH: WarnerMedia CEO John Stankey on HBO, CNN and company growth. [11] Stankey went on to serve as the Executive Vice President of Industry Markets beginning in 1998 becoming the Executive President of Industry Markets in 2000. [1][2] In 1991, he earned an M.B.A. from UCLA. Share with us in the comments section below. },false) eventCategory: event.slot.getSlotElementId(), Stankey is aware of the confusion that comes with transition. [1], In 1985, Stankey took an entry-level position with Pacific Bell. Then theres Stankeys pragmatic mistake. If Stankey believes that CNN requires some kind of editorial accountability, then he should create a board, filled with journalistic grandees, to whom the network is editorially accountable. Journalists are troublesome creatures who are very difficult to manage. Last year, Stankey unveiled a three-tiered streaming service at AT&T's analyst day an inexpensive movie-only service, a premium service with original programming and popular films, and a third service that bundles the first two and adds library content from WarnerMedia. The 30-year AT&T veteran was recently placed in charge of WarnerMedia, the parent company of CNN, which means he now has the dubious privilege of being the boss of a lot of journalists. Pin. John Edward Stankey, 74. The first year of Stankey's tenure has been dominated by headlines of former Time Warner executives leaving their jobs. Under this, the White staff of the organization has . [10] In 2001 Stankey became the President and CEO for SBC Southwest. To do so, he and his wife, Shari Stankey 83, established a competitive faculty fellowship award focused on interdisciplinary research and creative work. To create his vision, Stankey believes he needs to get everyone working toward a common directive getting 70 million subscribers paying for the yet-to-be-named streaming platform. WarnerMedia needs to be one of those, he said. Therefore Jews, spouses of Jews and Shabbos goyim are over-represented among the senior executives of media . A good example of this took place when Elizabeth Holmes, the CEO of Theranos, complained to Rupert Murdoch, who was one of her largest investors, about an article the Wall Street Journal, which Murdoch owns, was about to publish. We want to hear from you. Nevertheless, he has not disclosed details about his other body measurements in the public domain. [16], Michael Sainato, writing for The Guardian, noted that AT&T had "lobbied aggressively in favor of the 2017 Trump tax cuts", committing to significant job creation (7,000 new positions), as well as to capital investment on the order of US$ $ 1-billion, further noting the significant tax savings the legislation providedUS$ 21-billion at time of passage of the bill, and a further ca. That service is set to debut in a beta version at the end of the year and formally in the first quarter of 2020. 919 Albany Street [21] Stankey also oversaw WarnerMedias sale to Discovery Inc. in May 2021, for $43 billion in cash, plus an estimated $59 billion in Discovery, Inc. Stankey should happily recuse himself from all such responsibilities, and leave CNN editorial alone. That's also why losing Plepler as HBO's CEO was such a big blow, said Jason Hirschhorn, CEO of Redef Media. His knowledge, skills, and abilities have significantly contributed to his wealth by enabling him to earn one of the most coveted salaries globally. There's been little internal explanation of what Stankey thinks of certain WarnerMedia divisions and their broader roles within the company and the streaming service, the people said. In the unlikely event that CNN does go off the editorial rails, then the board can recommend changes to Stankey, and only after receiving such a recommendation could Stankey interfere in any editorial matters. AT&T veteran John Stankey, who took over as WarnerMedia CEO a year ago, is in charge of making the bet work by getting to 70 million subscribers for WarnerMedia's upcoming streaming service.. If those mistakes are accompanied by a loss of editorial freedom, then CNN will inevitably lose its freedom at some point. Shari K Stankey, age 59 View Full Report Address:***** Shadywood Ln, Dallas, TX. That's a lot of extra content for little extra money. } [according to whom? Stanley should be removed, company sucks anyway.. the third user commented. His first job came in 1985 when he took an entry-level position with the telephone company Pacific Bell. eventCategory: event.slot.getSlotElementId(), eventCategory: event.slot.getSlotElementId(), Share. John T. Stankey (born 1962) is an American businessman currently serving as CEO of AT&T Inc. [5] and as a member of AT&T Inc.'s board of directors. Stankey is chief finance who is a former CEO of WarnerMedia, currently working as the CEO of the former parent affiliation, AT&T. Those not mentioned above include CEO of AT&T Operations, CEO of AT&T Business Solutions, and Chief Information Officer. Businessman Stankey went to Loyola Marymount University, where he graduated with a B.B.A. If AT&T is able to gain scale 70 million subscribers the WarnerMedia streaming service would then consider letting other streaming services latch on, according to people familiar with the matter. This would give AT&T added heft in its fight to be one of the handful of streaming services that are seen as must-haves amid the dozens and dozens in the market. The Stankey Fellowship is the first to have a specific interdisciplinary requirement at LMU. in Finance from Loyola Marymount University. Related To Scott Stankey, Heather Stankey, Edward Stankey, Yvonne Stankey, John Stankey. AT&T's WarnerMedia CEO John Stankey made a promise to his wife, Shari. Besides, John led AT&Ts procurement of DirectTV and Time Warner in the year 2015 and 2018, independently. He became prominent for leading the AT&T's acquisition of DirecTV and Time Warner. This is a numerical representation of 90%. gads_event = event; mason.stockstill@lmu.edu John Stankeys salary was about $22.5 million in 2019 and $21 million in 2020. Playa Vista, CA 90094 }) Matthew Lerman Includes Address (4) Phone (1) See Results. Hence, our team is still investigating this section and we will update this as soon as we get clear facts. Before becoming the CEO of AT&T and a board member on July 1, 2020, Stankey served as the companys COO and President from October 1, 2019. workers. eventAction: 'render' AT&T veteran John Stankey, who took over as WarnerMedia CEO a year ago, is in charge of making the bet work by getting to 70 million subscribers for WarnerMedia's upcoming streaming service. When you think about what LMU teaches its students, in terms of Catholic identity and whats important about how we conduct ourselves as citizens of the world and children of Christ, teams work better when people demonstrate respect for individuals and foster an inclusive environment. The Stankey Fellowship is the first to have a specific interdisciplinary requirement at LMU. Its fitting that AT&T CEO John Stankey 85 would place emphasis on preparing students for their futures in the business world. Not to put too fine a point on it, this was the Wrong Answer. Mr. Stankey is a renowned businessman, currently serving as the CEO of AT&T Inc. after succeeding Randall L. Stephenson in July 2020. Discover John Stankey's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Of the 10 senior executives of the largest media conglomerates, 9 are Jews, have Jewish spouses or work directly towards Jewish/Zionist interests. Shari Stankey is primarily known because of her relationship with businessman and entrepreneur John Stankey. All good reporters annoy the subjects of their reporting, and often those subjects get very upset, and complain that the reporting in question is unfair and unprofessional. The inaugural award seeks to intersect journalism, media, computer science, and business, including the areas of media integrity and bias, artificial intelligence, and content creation. All rights reserved. The inaugural award seeks to intersect journalism, media, computer science, and business, including the areas of media integrity and bias, artificial intelligence, and content creation. Customers still want 300 episodes of a sitcom. Stankey habitually donates to members of the Republican Party through the National Republican Congressional Committee (NRCC). He is the former president and COO of AT&T, and the former CEO of WarnerMedia. The John and Shari Stankey Fellowship will rotate among tenure-line faculty for a one- or two-year fellowship for up to $50,000 a year focused on integrating students in meaningful ways. eventAction: 'click_adunit'