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AT&T’s chairman and chief executive Randall Stephenson is stepping down from the helm of the telecom giant, handing the reins to his No. 2 John Stankey. Stephenson — 13-year company veteran who engineered its controversial, $85 billion acquisition of Time Warner that closed in 2018 — announced his retirement at the company’s annual shareholder meeting …
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SeaWorld Entertainment’s chief executive has resigned only five months into his job, becoming the third leader of the theme park company to depart in just over two years, according to a company filing released Monday. Sergio Rivera cited his disagreement with the board of directors’ involvement in decision-making at the company, according to a filing …
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FedEx said on Friday it would slash its chief executive’s pay and draw down $1.5 billion from a credit facility as parcel delivery services take a hit from coronavirus-led lockdowns across the globe. The company also plans to tap debt markets to bolster its reserves as the pandemic compounds its own troubles, including integration issues …