AT&T Executive Glenn Lurie to Retire in September

    Author Caroline HarrisPosted on Categories Communications, TechTags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
    Lurie

    On August 2, the Wall Street Journal reported that AT&T (NYSE:$T) Mobility and Consumer Operations CEO Glenn Lurie will be retiring in September.

    Most notably, Lurie is known for leading the team that closed a revolutionary deal with Apple Inc. (NASDAQ:$AAPL) to win the exclusive rights to the iPhone back in 2007.

    The departure of Lurie comes at a time when the telecom giant is looking to retool its upper ranks in order to prepare for its takeover of Time Warner Inc. (NYSE:$TWX). With the possibility of Time Warner’s entertainment business coming under the AT&T umbrella, it’s not a total surprise to hear the company is looking to become more entertainment savvy.

    Just last week, AT&T announced that John Donovan will head the new communications unit overlooking telecom operations. Additionally, John Stankey is in charge of a media unit that will includes Time Warner, if the deal is to close.

    It’s interesting to note that AT&T disclosed the departure of Lurie in an email the same day the management changes mentioned above went into effect.

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    Author Caroline Harris
    About the author: Caroline Harris is a third-year student at Capilano University in North Vancouver, Canada. Having already completed an Associates Degree in Psychology, Caroline is now finishing her Bachelor's degree in Communications. In preparation for working in the advertisement sector, Caroline is writing financial content and analysis. On a daily basis, Caroline works on articles regarding the following topics: finance, cryptocurrency, technology, and politics.