Randall L. Stephenson is an American telecommunications executive with an estimated net worth of $140 million. Best known for leading AT&T as chairman, president, and chief executive officer, Stephenson played a central role in shaping one of the world’s largest communications companies during a period of rapid technological change.
He served as CEO from 2007 to 2020, guiding the company through major acquisitions, wireless expansion, and media industry transformation.
| Randall L. Stephenson Net Worth | $140 Million |
| Date of Birth | April 1960 |
| Place of Birth | Oklahoma City, Oklahoma |
Early Life
Stephenson was born in Oklahoma City, Oklahoma, in April 1960.
He earned:
- A bachelor’s degree from the University of Central Oklahoma
- A master’s degree from the University of Oklahoma
His academic background in accounting prepared him for leadership roles in corporate finance and executive management.
Randall L. Stephenson Net Worth
Estimated Net Worth: $140 million
Primary Wealth Sources:
- Executive compensation and bonuses
- Stock awards and equity incentives
- Corporate leadership roles
- Board and advisory positions
Randall L. Stephenson Salary and Compensation
Stephenson earned substantial compensation during his leadership at AT&T.
- Total compensation (2008–2019): $81 million
- Average annual earnings (2012–2018): ~$28 million
- Total earnings from AT&T (through 2018): ~$250 million
His pay packages included base salary, performance bonuses, stock options, and long-term incentive awards tied to company performance.

Career Journey and Rise to CEO
Early Career in Telecommunications
Stephenson began his career at Southwestern Bell Telephone, which later evolved into SBC Communications. Early in his career, he gained international exposure and mentorship experience working with Carlos Slim at Teléfonos de México.
Leadership Roles at SBC Communications
Stephenson rose through the ranks at SBC, holding key positions:
- Chief Financial Officer (2001)
- Chairman of the board, Cingular Wireless
- Chief Operating Officer of SBC
His financial leadership helped guide SBC’s growth and eventual transformation into AT&T.
Leadership at AT&T
In 2007, Stephenson became chairman, president, and CEO of AT&T.
During his tenure, he oversaw:
- Expansion of wireless and broadband services
- Major mergers and acquisitions
- Growth in mobile data and digital communications
- Strategic investments in media and content
He also served on the National Security Telecommunications Advisory Committee under George W. Bush, advising on telecommunications infrastructure and national security.
Leadership Beyond Corporate America
From 2016 to 2018, Stephenson served as the 36th President of the Boy Scouts of America, supporting youth leadership and character development programs nationwide.
In 2016, he was named CEO of the Year by Chief Executive magazine, recognizing his leadership and corporate performance.
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