Time May Be on John Walter's Side: Despite rumors, AT&T's president still holds a strong hand

Time May Be on John Walter's Side: Despite rumors, AT&T's president still holds a strong hand

Despite rumors that a merger between AT&T and SBC Communications would force out AT&T President John R. Walter, many experts believe he still holds a strong hand. In the case of a merger, Walter - who already got a $5 million signing bonus to join AT&T, along with a hefty option grant on...

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Veröffentlicht in:Bloomberg businessweek (Online) 1997-06 (3531), p.36
1. Verfasser: John A. Byrne, with Peter Elstrom in New York
Format: Magazinearticle
Sprache:eng
Schlagworte:
Acquisitions & mergers
Corporate profiles
Executives
Golden parachutes
Personal profiles
Succession planning
Telecommunications industry
Telephone companies
Walter, John R
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Zusammenfassung:Despite rumors that a merger between AT&T and SBC Communications would force out AT&T President John R. Walter, many experts believe he still holds a strong hand. In the case of a merger, Walter - who already got a $5 million signing bonus to join AT&T, along with a hefty option grant on 312,500 shares - could walk away with a golden parachute of more than $20 million.
ISSN:0007-7135
2162-657X