AT&T Announces CFO Retirement and Names Successor
T is trading near its 52-week low of $22.315 (3.7% above the low).
Summary
AT&T announced the retirement of its CFO, Pascal Desroches, effective December 31, 2026, and named Jennifer Biry as his successor, with her role as Deputy CFO beginning July 6, 2026.
Key Events · Executive and Board Changes · T
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CFO Retirement Announced
Pascal Desroches, Senior Executive Vice President and Chief Financial Officer, will retire effective December 31, 2026.
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New CFO Appointed
Jennifer Biry has been appointed Deputy Chief Financial Officer, effective July 6, 2026, and will assume the CFO role on January 1, 2027. Ms. Biry previously served as CFO and COO of McAfee and held senior finance roles at AT&T and WarnerMedia.
Analysis · T · Technology
Pascal Desroches will retire as Chief Financial Officer at the end of 2026, with Jennifer Biry appointed as Deputy CFO and slated to assume the CFO role in January 2027. This planned succession with an experienced executive, who previously served as CFO of McAfee and WarnerMedia, provides stability during a key leadership transition for the telecommunications giant, especially as the stock trades near its 52-week low.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, T was trading at $23.15 on NYSE in the Technology sector, with a market capitalization of approximately $160.9B. The 52-week trading range was $22.32 to $29.79. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.