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AT&T’s CFO to Retire, With WarnerMedia Executive Taking Job

Pascal Desroches and John Stephens

Pascal Desroches and John Stephens

Source: Getty Images and Bloomberg

AT&T Inc. Chief Financial Officer John Stephens will retire in March after nearly a decade as the company’s top accountant, with WarnerMedia finance chief Pascal Desroches stepping in as his replacement.

Desroches will serve as senior executive vice president of finance until he assumes the CFO role on April 1, AT&T said in a statement Tuesday.