$T·8-K

AT&T INC. · Jun 16, 4:05 PM ET

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AT&T INC. 8-K

Research Summary

AI-generated summary

Updated

AT&T Inc. Announces CFO Retirement; Jennifer Biry Named Successor

What Happened

  • AT&T Inc. filed an 8-K (dated June 16, 2026) reporting that Senior Executive Vice President and Chief Financial Officer Pascal Desroches announced his retirement on June 11, 2026, effective December 31, 2026.
  • The company appointed Jennifer Biry as Deputy Chief Financial Officer effective July 6, 2026; she will assume the role of Senior Executive Vice President and Chief Financial Officer on January 1, 2027.
  • Ms. Biry, 52, most recently served as Chief Financial Officer and Chief Operating Officer of McAfee (since 2022) and previously held senior finance, sales and strategy roles at AT&T beginning in 1999, including EVP and CFO of WarnerMedia from 2020–2022.

Key Details

  • Retirement date: Pascal Desroches effective December 31, 2026 (announcement made June 11, 2026).
  • Successor timing: Jennifer Biry becomes Deputy CFO July 6, 2026 and Chief Financial Officer January 1, 2027.
  • Background: Biry’s experience includes CFO/COO at McAfee and prior senior roles at AT&T/WarnerMedia (1999–2022).
  • Related-party disclosure: A stepdaughter of Ms. Biry is employed by an AT&T subsidiary; her 2025 total pay (approx.) was $141,090 and is comparable to peers.

Why It Matters

  • This 8-K reports a planned, announced leadership transition in AT&T’s finance organization, giving investors a clear timetable for change.
  • The appointment of an executive with prior AT&T/WarnerMedia experience suggests continuity in financial leadership and knowledge of the company’s operations.
  • The filing includes the required related‑party disclosure about Ms. Biry’s stepdaughter to address potential conflicts of interest.

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