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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