John T. Stankey
CEO
2020 – Present
6 years (current)
Key Decisions & Impact
John T. Stankey's tenure has been about simplification after the media experiment. He separated WarnerMedia in April 2022, sold the remaining 70% DIRECTV stake to TPG in July 2025 for a $5.6 billion gain, committed roughly $14 billion to Ericsson for Open RAN modernization in December 2023, and bought $23 billion of EchoStar spectrum and Lumen's mass markets fiber business. The measurable test is the post-divestiture revenue base: after falling to $120.7 billion in FY2022, revenue reached $122.4 billion in FY2023 and $125.6 billion in FY2025, with adjusted EBITDA of $46.4 billion and free cash flow of $16.6 billion.
Legacy
Stankey earned a finance degree from Loyola Marymount University in 1985 and an MBA from UCLA in 1991, then spent his entire career at Pacific Bell, SBC, and AT&T, rising through operations and technology roles before running AT&T's entertainment group during the DirecTV and WarnerMedia era. He became CEO in 2020 and, within two years, reversed his predecessor's media strategy by spinning off WarnerMedia to merge with Discovery, refocusing the company entirely on wireless and fiber connectivity.