Butt, Jr. and collaborates with husband David Rogers to lead Whitacre renamed the company SBC Communications and went on a buying spree. Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year? Internationally renowned engineer Eric Brey is the Edward E. Whitacre, Jr. Endowed Chair in Mechanics and a distinguished leader in positioning UTSA as a premier institution for scientific research. Sam and Gayle Youngblood The DirecTV and Time Warner acquisitions werent all on Stephenson. One former manager, who retired in the fall of 2020 and still consults for AT&T, told me the companys focus has shifted every six months during the past few years. Edward E. Whitacre Jr.1941- Chairman and chief executive officer, SBC Communications Nationality: American. Some of them stood to suffer financially, having been promised a cut of their films box-office revenue, which now would be substantially reduced. Richard Dietz Zillow describes the property as absolutely incredible with a five-bedroom, five-bath, 10,000-square-foot home on 4.5 acres. [17] On December 1, 2009, Whitacre became interim CEO following Fritz Henderson's resignation. Emilia Clarke, who played the Mother of Dragons in the megahit Game of Thrones, announced, I will bend the knee to Lord Stankey.. He started workwith the Southwestern Bell Telephone Company in 1963 as a facility engineer. BusinessWeek RESUME: Edward E. Whitacre Jr. "Open letter to Ed Whitacre, new interim CEO of GM", "Edward E. Whitacre Jr. Elected to ExxonMobil Board", "Editorial: Texan of the Year finalist Ed Whitacre", "Edward Whitacre Jr. named new GM chairman", "GM Statement Attributed To Chairman Ed Whitacre", "China's SAIC noncommittal on stake in GM IPO", "Golden Plate Awardees of the American Academy of Achievement", "SBC's Whitacre will receive honorary doctorate", Chief Executive Officer of Southwestern Bell, Chief Executive Officer of SBC Communications, Chief Executive Officer of General Motors, Michigan Bell and Western Electric Warehouse, https://en.wikipedia.org/w/index.php?title=Edward_Whitacre_Jr.&oldid=1147939675, American chief executives in the automobile industry, Articles with dead external links from March 2018, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License 3.0, leadership of Southwestern Bell Corporation/AT&T Inc., and General Motors, This page was last edited on 3 April 2023, at 04:28. The Edward E. Whitacre, Jr., Endowed Chair in Mechanics was established in 2014 by the Whitacre Family Foundation. Martin and Denise Landon TRAVIS E. POLING and WILLIAM PACK , San Antonio Express-news. Last Year: No. James & Kristine Ellis 87. 28. The deal struck by Whitacre to obtain the San Francis-co-based Pacific Telesis formed an 118,000-employee telecommunications company serving the country's two most populous states, California and Texas, and seven of the country's top 10 markets. Mr. Barrett is CEO of Barrett Brothers Oil & Gas, Inc. 99. Mr. Brown was the vice president of San Antonio-based Del Ray Oil, Inc. as well as vice president of Canadian company W.F. Over the course of fifteen years, he spent nearly $300 billion on thirteen . AT&T instituted an arduous process called workstream to gauge how WarnerMedia best fit with its new parent company, and company managers used endless PowerPoints to communicate. . He cited Mexico as an example. Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state? The entertainment industry landscape was rapidly changing around AT&T. 22. Burger World Texas holds the master franchise for BurgerFi restaurants to be developed in the Texas market. 25. Yet the potential long-term effectssuch as fracturing relationships with theater owners and filmmakerswere much riskier gambles. He graduated from Loyola Marymount University in 1985 and months later started working for Pacific Bell, which was acquired by Ed Whitacres SBC in 1997. The Ellises added their impressive new 8,400-square-foot home to the Terrell Hills landscape just a few years ago. $3,270,000 (The Hermitage) Mr. Jaffe is the son of Horseshoe Bay Resort founder Morris Jaffe and Jeanette Longoria. Perhaps ironic for a communications company was how few of the many agents, actors, and directors affected by the decision had been told ahead of time, much less consulted. They were told, You are buying at the peak, and its going to go downhill from here. And they still did it.. Scott Petty, Jr. The company is involved in manufacturing clinical diagnostic test kits and reagents for human, veterinary, and food safety industries. On September 1, 2010 he relinquished the CEO position to Daniel Akerson but agreed to continue on as GM Chairman to the end of the year. Mr. Landon is the CEO of CeloNova BioSciences, a San Antonio-based company that manufactures interventional cardiology and endovascular products. Last Year: No. Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? Last Year: No. [16] He took the position when the automaker emerged from bankruptcy proceedings on July 10, 2009. Mr. Turner is a vice chairman of San Antonio-based TETCO, which partnered with the Tom Turner Family Foundation to present a $50,000 gift to the nonprofit Returning Heroes Home in Dec. 2013. Last Year: 11 On May 17, Stankey announced that WarnerMedia will be spun off and combined with Discovery Inc.which has its own slate of cable channels, including HGTV and Discovery, and a streaming serviceto form a new company that could be a formidable streaming challenger to the likes of Netflix. But one thing Stankey doesnt have, something he didnt need in the phone business, is flair. Tammy Watts What he felt the company needed to compete with the Silicon Valley crowd was content. Peter and Julianna Holt Television and movie studios, owned by the likes of Disney, NBCUniversal, and Viacom, were charging escalating prices and using the proceeds to invest in their own planned streaming services to challenge front-runner Netflix. The board of directors elected Randall Stephenson to succeed Whitacre as new CEO and chairman. $3,170,000 (Terrell Hills) Jeffrey and Anne Zachry Rochelle Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges? Whitacre was inducted into the Junior Achievement U.S. Business Hall of Fame in 2009. WHITACRE FAMILY FOUNDATION SAN ANTONIO, TX 78212-3127 | Tax-exempt since Sept. 2003. Average iPhone customers used two to four times as much data as those on other devices. Last Year: No. $4,444,640 (The Dominion) Whitacre led SBC through a series of mergers and acquisitions in building the largest provider of both local long distance telephone services and wireless service (through its Cingular division) in the United States. Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? In an editorial on the occasion of Whitacre's relinquishing the leadership of GM, the, national president of the Boy Scouts of America, Edward E. Whitacre Jr. College of Engineering, "Digest of Other White House Announcements", GM's Whitacre Steps Down as CEO, Replaced by Akerson, "Dan Akerson to Become CEO, Whitacre Remains Chairman", "Whitacre's job turning around GM helps America and reflects well on Texas Tech", Washington Post: Long-Serving AT& T Chief To Leave With Huge Payout. 96. $3,056,610 (Downtown) In response, AT&T and Verizon were forced to reprice their offerings, which cut into their margins. To leap back over Verizon, Stephenson employed a move from the Whitacre playbookannouncing a $39 billion purchase of T-Mobile in March 2011. It had failed to attract the sort of industry buzz heaped on the rival Disney+ service that launched a short time before it and garnered 50 million subscribers in its first five months, compared with HBO Maxs 8.6 million. When it came time to put someone in charge of the new WarnerMedia, Stephenson believed Stankey was the phone companys best fit. Arun and Karuna Verma 26. He is also a former chairman of the board and chief executive officer of AT&T, previously Southwestern Bell Corporation (SBC). Mr. Woods serves as President and Chief Operating Officer at Red McCombs Hyundai Ltd. $2,800,000 (Terrell Hills) And what about all those actors, producers, and agents furious at AT&T? Mr. Grossman is CEO of BG Group, LLC & partnered with Burger World Texas, LLC. They co-founded an information technology firm, dNovus RDI, and have been associated with other companies, including commercial real estate firm FNK Ventures. While Stankey declined to be interviewed, in the months leading up to Mondays surprising announcement, Texas Monthly spoke with nineteen current and former AT&T and WarnerMedia executives and mid-level employees. Some 70 percent of existing HBO customerswho could have used HBO Max for no extra chargehad not even signed up. We also provide tools to help businesses grow, network and hire. Verizon, which acquired the wireless carrier Alltel in 2009, surpassed AT&T in cellular subscribers that year. Last Year: No. Marie Halff If we can assist in any way, please do not hesitate to contact us at (210) 567-2508. On Wednesday, November 3, 2021, UT Health San Antonio will honor Linda and Ed Whitacreat our annualPresidents Gala. Stankey had previously run the new subsidiary and oversaw the development of HBO Max, which launched in May 2020 with movies and television shows drawn from across the disparate WarnerMedia properties. SBCs service area ultimately stretched from California to Connecticut and even into Mexico, where it had purchased a stake in TelMex. Last Year: No. Mark and Patricia Mays Whitacre retired on June 4, 2007, with Randall Stephenson taking over the following morning. Brey is also invested in engineering education, with a specific interest in the influence of undergraduate research on education and career trajectories. $3,051,860 (Terrell Hills) As Stankey gave a preamble on the companys widespread obligations and debt load, he said AT&T had too many mouths to feed. 88 The company projected that by 2025, it would have 150 million subscribers on HBO and HBO Max, up from an earlier projection of 90 million. We can bundle those things together to make both of our businesses, our entertainment and our connectivity, kind of benefit from each other, John Stephens, the companys former chief financial officer, who retired in March, told me. $6,708,540 (Downtown) 15 54. He also serves as a trustee for various funds managed by U.S. 28 92 Mr. Elizondo is the chairman of the board of trustees at St. Marys University and a retired vice president of operations in the Americas for UPS. Last Year: No. Just a few months ago, LightShed Ventures analyst Rich Greenfield wrote in an investors note that AT&T and Comcast should each give up their entertainment properties and merge WarnerMedia and NBCUniversal. 67. $4,175,000 (Terrell Hills) AT&Ts divided attentions were abundantly on display in and around the companys headquarters in downtown Dallas in January. Employer Identification Number (EIN) 200184488. Last Year: 24 $3,056,090 (Elmcreek) Last Year: No. Last Year: No. Edward & Linda Whitacre, Jr. Last Year: No. John Spong writes primarily about popular culture. He is now listed as a partner in Save On Energy, Ltd. 13. 25 32 Mr. Zachry is the president of the Zachry Corporation division of the old H.B. For our guests who prefer to share in our Gala event remotely, please visit us at http://makelivesbetter.uthscsa.edu/galavirtual for more information. John Stankey in October 2018, during his stint as head of WarnerMedia. Last Year: No. The letters underlying critique was that Stephenson focused on questionable expansion rather than execution, leading the stock price to stagnate during his tenure, gaining basically no value, while the S&P 500 doubled. Last fall, about a month before his company dropped a bombshell on Hollywood, AT&T chief executive officer John Stankey was ushered into a screening room inside a shiny Manhattan skyscraper to watch whats known in the entertainment business as a sizzle reel. Nayeli Properties, LLC Felipe Jimenez 36 77 He notably had help from John Stankey, who supported AT&Ts ventures into entertainment as chief strategy officer. Rodney and Kimbery Lewis Mr. Shields is a former Texas State Representative and an attorney in private practice. In both areas, Townsend says AT&T could succeed, particularly after spending $27 billion on 5G spectrum in February. $2,950,000 (Olmos Park) [21], In 1997, Whitacre received the Golden Plate Award of the American Academy of Achievement. SBC Communications took on the AT&T name and brandingplus its famous T-for-telephone stock symbol. What Im looking for and what journey were on right now is a simpler, more focused AT&T, he said. By the end of its exclusivity pact with Apple in 2010, AT&T had sold services for more than 22 million iPhones. Mr. The drama is enough inspire a moviereleased directly to HBO Max, of course. Ahmad and Sara Zabihian 30 As these increasing expenses made it apparent that the DirecTV deal would not pay off as hoped, AT&T cast about for other opportunities to grow and/or lob more smoke grenades to obscure its failures. UTSA is a proud Hispanic Serving Institution (HSI) as designated by the U.S. Department of Education. Last Year: No. $3,999,150 (Terrell Hills) In 1984, federal antitrust regulators forced AT&T to break away from its local-phone-service subsidiaries. $2,985,000 (Midtown) One of the critics on the board was Dan Akerson. 13 Pretty humorless and pretty severe.. It was his position as the former chairman of the board and chief executive officer with SBC (Southwestern Bell Corporation) that established him as a world renowned executive. do seventh day adventists accept gifts, zoeller funeral home recent obituaries, mental health skill building progress notes examples,