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Media & Telecom

AT&T Executive Compensation (FY25)

T · Dallas, TX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
John Stankey
Median of the other named officers
$13,024,087
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 14, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 1, 2026Latest filing (8-K): May 20, 2026
8 filings cited on this page
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277 figures on this page: 271 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
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, 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. Companies named in the 2025 AT&T Peer Group include Boeing, Charter, Cisco, Comcast and IBM, among others. The TSR Peer Group for 2023 Performance Share Grant names Alphabet, Amazon, Apple and Microsoft.
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
◇—◇—◇◇◇◇
P Pres
& CFO
◇—◇—◇—◇◇
Pascal Desroches
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
David McAtee
Senior Executive Vice President and General Counsel
◇—◇—◇◇◇◇
D Pres
& 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
Chief Executive Officer
◇—◇—◇◇◇◇
Jeffery McElfresh
Chief Operating Officer
◇—◇—◇◇◇◇
P Pres
& CFO
◇—◇—◇◇◇◇
Pascal Desroches
Senior Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
David McAtee
Senior Executive Vice President and General Counsel
◇◇◇—◇◇◇◇
D Pres
& 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 McElfreshPSU◇◇◇—◇—◇
Jeffery McElfreshRSU◇——◇——◇
Jeffery McElfreshRSU◇——◇——◇
John StankeyRSU◇——◇——◇
John StankeyPSU◇◇◇—◇—◇
Lori LeePSU◇◇◇—◇—◇
Lori LeeRSU◇——◇——◇
Pascal DesrochesPSU◇◇◇—◇—◇
Pascal DesrochesRSU◇——◇——◇
Fiscal 2022, 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
Stankey DesrochesPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Jeffery McElfreshPSU◇◇——
PSU◇◇——
David McAteePSU◇◇——
PSU◇◇——
Lori LeePSU◇◇——
PSU◇◇——
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
—————◇◇
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
2025 AT&T Peer Group
  • Boeing BA
  • Charter CHTR
  • Cisco CSCO
  • Comcast CMCSA
  • IBM IBM
  • Intel INTC
  • Netflix NFLX
  • Oracle ORCL
  • Salesforce CRM
  • T-Mobile US TMUS
  • UPS UPS
  • Verizon VZ
  • Walmart WMT
TSR Peer Group for 2023 Performance Share Grant
  • Alphabet GOOGL
  • Amazon AMZN
  • Apple AAPL
  • Microsoft MSFT

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
◇

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Sample answer — “What is the CEO’s total compensation?”
- John Stankey (Chief Executive Officer), FY2025 total compensation $29,906,872 (base salary $2,400,000) [exec_comp, SEC accession 0001193125-26-119888, filed 2026-03-23]

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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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
277 figures on this page: 271 cited to the filing that reported them, 6 calculated from figures it prints.
271 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001193125-26-232817
  2. 0001193125-26-119888
    CEO Pay Ratio · Director Compensation · EXECUTIVE COMPENSATION TABLES · Grants of Plan-Based Awards
  3. 0001193125-25-122439
  4. 0001193125-24-143912
  5. 0001193125-23-151799
  6. 0001193125-23-089578
    EXECUTIVE COMPENSATION TABLES
  7. 0000732717-22-000049
  8. 0000732717-21-000026
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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

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8 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
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Media & Telecom rankings

Chief executive pay — Media & TelecomCEO pay ratio — Media & TelecomSay-on-pay support — Media & Telecom

Peers AT&T discloses

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

BoeingCharterCiscoComcastGeneral ElectricGeneral MotorsIBMIntelNetflixOracleSalesforceT-Mobile USUPSVerizonWalmartWalt DisneyAlphabetAmazonAppleMicrosoft

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}
}
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