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Marissa Mayer joins AT&T board, expands director count to 11

EditorNatashya Angelica
Published 2024-03-01, 04:14 p/m
© Reuters.

DALLAS - AT&T Inc. (NYSE: NYSE:T) has announced the appointment of Marissa Mayer to its board of directors, effective immediately. Mayer, the Chief Executive Officer of Sunshine Products and former CEO of Yahoo!, will also serve on the company's Audit and Corporate Development and Finance committees. This appointment increases the total number of AT&T directors to 11.

Mayer's experience includes her tenure as CEO and President of Yahoo!, and her significant role at Google (NASDAQ:GOOGL), where she was the first woman engineer. Her expertise in technology and consumer internet engagement is expected to contribute to AT&T's strategic goals.

Bill Kennard, chairman of AT&T's board, expressed confidence in Mayer's leadership and her potential to aid AT&T in its ambition to be the top connectivity provider in America.

In addition to her new position with AT&T, Mayer has been serving on the board of Walmart (NYSE:WMT) Inc. since 2012 and holds positions with the San Francisco Ballet and previously with the World Economic Forum's Forum of Young Global Leaders foundation board.

Her academic credentials include a bachelor's degree and a master's degree in computer science, specializing in artificial intelligence, from Stanford University.

The election of Mayer comes as AT&T continues to focus on its investment-led strategy, emphasizing advancements in 5G wireless and multi-gig internet services. The company, with a history spanning over 140 years, maintains a commitment to innovation and connectivity, impacting over 100 million U.S. families and nearly 2.5 million businesses.

This development is based on a press release statement from AT&T and reflects the company's ongoing efforts to strengthen its leadership team with experienced individuals from the technology sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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