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FinanceFortune2h ago

AT&T CFO Pascal Desroches reflects on a nearly 40-year finance career before retiring

Desroches shares the lessons behind AT&T's $150 billion network bet, a hard dividend call, and why he says he never hesitated.

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AI SUMMARY

# AT&T CFO Pascal Desroches Reflects on Finance Career and Strategic Decisions AT&T CFO Pascal Desroches, retiring after nearly 40 years in finance, oversaw the company's ambitious $150 billion network investment strategy while making difficult decisions including dividend policy adjustments that prioritized long-term shareholder value. His tenure highlights the financial discipline required to balance massive capital expenditures with shareholder returns in the competitive telecommunications sector.

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Content sourced from Fortune. Not financial advice.