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CEO Perk Watch: AT&T’s Randall Stephenson Cashes In With Employer-Provided Freebies

Gertraude Hofstätter-Weiß April 12, 2011 AT&T, Editorial & Site News 1 Comment

Stephenson can use hit upsized alarm system to sleep better at night.

While AT&T is just weeks away from implementing Internet Overcharging schemes on its DSL and U-verse customers, the company’s CEO is raking in perks defended in the company’s 2011 proxy statement as necessary to be “robust and competitive enough to attract and retain key talent.”

Yet USA Today notes CEO Randall Stephenson, 50, doesn’t appear to be going anywhere — he has been with AT&T since the first term of the Reagan Administration.

In addition to more than $20.2 million in compensation, Stephenson’s perks and goodies amount to $417,000 in 2011.  Some of the highlights:

  • Free personal use of the company jet ($180k)
  • Paid life insurance premiums ($164k)
  • A home security system ($31k)
  • Car leases ($29k)
  • Financial planning to help figure out what to do with all the cash ($14k)

What did your employer give you last year?

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jr
jr
13 years ago

“We’re broke! We need to ration bandwidth!”-AT&T
“Not being able to watch videos & listen to audio is what liberty is all about!”-Randians

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