V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough

AT&T Executive Compensation (FY25)

T · Dallas, TX · Executive and director compensation, fiscal 2022 to 2025

The AT&T brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of September 9, 2026Latest filing (8-K): May 20, 2026
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
AT&T brief$1,500Get the executive brief
272 figures on this page: 266 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
John Stankey
Latest say-on-pay support
=
May 14, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — John Stankey: $26,410,845 → $29,906,872 (13.2% higher)
Say-on-pay support: 90.7% → 93.1% (2.4 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is AT&T's chief executive and what were they paid?
John Stankey, Chairman of the Board and Chief Executive Officer, received $29,906,872 in total compensation for fiscal 2025. Stankey's total was 13.2% higher than the $26,410,845 reported for fiscal 2024.
What was AT&T's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.1% of votes cast for or against in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in AT&T's peer group?
The disclosed peer group names Boeing, Charter, Cisco, Comcast and General Electric, among others.
What is AT&T's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 215:1, against median employee compensation of $139,026.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Stankey
Chief Executive Officer
◇—◇—◇◇◇◇
Jeffery McElfresh
Chief Operating Officer
◇—◇—◇◇◇◇
Pascal Desroches
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
David McAtee
Senior Executive Vice President and General Counsel
◇—◇—◇—◇◇
Lori Lee
Global Marketing Officer and Senior Executive Vice President-International
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Stankey
Chief Executive Officer
◇—◇—◇◇◇◇
Jeffery McElfresh
Chief Operating Officer
◇—◇—◇◇◇◇
Pascal Desroches
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
David McAtee
Senior Executive Vice President and General Counsel
◇—◇—◇◇◇◇
Lori Lee
Global Marketing Officer and Senior Executive Vice President-International
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Stankey
Chief Executive Officer
◇—◇—◇◇◇◇
Jeff McElfresh
Chief Operating Officer
◇—◇—◇◇◇◇
Jeffery McElfresh
Chief Operating Officer
◇—◇—◇◇◇◇
Pascal Desroches
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
David McAtee
Senior Executive Vice President and General Counsel
◇—◇—◇◇◇◇
Lori Lee
Global Marketing Officer and Senior Executive Vice President-International
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Stankey
Chairman of the Board and Chief Executive Officer
◇—◇—◇◇◇◇
Jeffery McElfresh
Chief Operating Officer
◇—◇—◇◇◇◇
Pascal Desroches
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
David McAtee
Senior Executive Vice President and General Counsel
◇◇◇◇◇◇◇◇
Lori Lee
Global Marketing Officer and Senior Executive Vice President-International
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David McAteeRSU◇——◇——◇
David McAteePSU◇◇◇—◇—◇
Jeffery McElfreshRSU◇——◇——◇
Jeffery McElfreshRSU◇——◇——◇
Jeffery McElfreshPSU◇◇◇—◇—◇
John StankeyRSU◇——◇——◇
John StankeyPSU◇◇◇—◇—◇
Lori LeeRSU◇——◇——◇
Lori LeePSU◇◇◇—◇—◇
Pascal DesrochesPSU◇◇◇—◇—◇
Pascal DesrochesRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
David McAteeRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
John StankeyPSU◇◇——
PSU◇◇——
Jeffery McElfreshRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Pascal DesrochesRSU◇◇——
PSU◇◇——
PSU◇◇——
Lori LeePSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott T. Ford
◇◇———◇◇
William E. Kennard
Lead independent director
◇◇———◇◇
Beth E. Mooney
◇◇———◇◇
Cynthia B. Taylor
◇◇————◇
Matthew K. Rose
◇◇———◇◇
Stephen J. Luczo
◇◇————◇
Marissa A. Mayer
◇◇———◇◇
Michael B. McCallister
◇◇————◇
Luis A. Ubiñas
◇◇————◇
Kelly J. Grier
◇◇———◇◇
Glenn H. Hutchins
—————◇◇
John T. Stankey served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Deferred Stock Units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Boeing BA
  • Charter CHTR
  • Cisco CSCO
  • Comcast CMCSA
  • General Electric GE
  • General Motors GM
  • IBM IBM
  • Intel INTC
  • Netflix NFLX
  • Oracle ORCL
  • Salesforce CRM
  • T-Mobile US TMUS
  • UPS UPS
  • Verizon VZ
  • Walmart WMT
  • Walt Disney DIS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 18, 2023=◇◇◇
2021May 19, 2022=◇◇◇
2020April 30, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when AT&T files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact AT&T disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where AT&T sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether AT&T's disclosed peer group is defensible, who names AT&T back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
272 figures on this page: 266 cited to the filing that reported them, 6 calculated from figures it prints.
266 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001193125-26-232817
  2. 0001193125-26-119888
    2025 DIRECTOR COMPENSATION TABLE · Determination of CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
  3. 0001193125-25-122439
  4. 0001193125-25-073402
    SUMMARY COMPENSATION TABLE
  5. 0001193125-24-143912
  6. 0001193125-24-087253
    SUMMARY COMPENSATION TABLE
  7. 0001193125-23-151799
  8. 0001193125-23-089578
    Summary Compensation Table
  9. 0000732717-22-000049
  10. 0000732717-21-000026
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “AT&T executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/T (accessed 2026).
Short form: data: Velarion

The AT&T brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about AT&T and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Peers AT&T discloses

The companies named in T's own disclosed peer group.

BoeingCharterCiscoComcastGeneral ElectricGeneral MotorsIBMIntelNetflixOracleSalesforceT-Mobile USUPSVerizonWalmartWalt Disney

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy