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Failed Chairman Gets Great Walkway Package

Brett Arends's ROI

Opinion: AT&T boss retires with $274,000 a month for life

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Randall Stephenson gets a golden goodbye

No wonder AT&T Chairman and CEO Randall Stephenson is smiling

 Win McNamee/Getty Images

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Not everyone gets personally insulted by the president of the United States when they announce their retirement.
But when you’re walking away with a pension plan big enough to buy a typical U.S. house every single month — yes, really — do you really care?
-1.10% honcho Randall Stephenson landed a complimentary insult from the chief executive of the United States two weeks ago when he announced he was standing down at 59.
“Great News! Randall Stephenson, the CEO of heavily indebted AT&T, which owns and presides over Fake News @CNN, is leaving, or was forced out,” tweeted the commander in chief of the armed forces. “Anyone who lets a garbage ‘network’ do and say the things that CNN does, should leave ASAP. Hopefully replacement will be much better!”
Will this become the new standard for high-profile retirements, like a glorified gold watch?
Don’t tell the president, but Stephenson will not be crying into his face mask after he leaves.


This post first appeared on Conservative Musings, please read the originial post: here

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Failed Chairman Gets Great Walkway Package

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