Last Year: No. 60. When he retired in 2007, Whitacre helped pick his own successor, Stephenson, whose first telecom job had been loading magnetic tapes into a Southwestern Bell mainframe. Leaders like Ed Whitacre Jr. don't ever retire, they just pause between great challenges. 28. T-Mobile cut a deal to offer Netflix to phone subscribers, and Verizon offered Disney+, Hulu, and ESPN+ as part of a bundle package. The deal is expected to be finalized by the middle of 2022. Edward Earl Whitacre Jr. (born November 4, 1941) is the former Chairman and CEO of General Motors. We are privileged to recognize Linda and Ed and their exemplary service to our community. $3,910,200 (Terrell Hills) $3,460,000 (Terrell Hills) 96 Red and Charline McCombs Southwestern Bell Moving Headquarters From St. Louis to San Antonio The hope was to make AT&T the largest traditional pay-TV provider in the U.S. by adding DirecTVs 20 million subscribers to U-Verses 6 million. Whitacre's Return Could Restore U.S.-Mexico Relations. $3,059,100 (The Dominion) All that dealmaking left AT&T with a massive $180 billion in debt as of Marchand two potential paths forward. 29 As Stankey finished his comments, the camera zoomed out, and on a shelf in the background, a Batman figurinewith its fists squared for battleloomed over his shoulder. On December 3, Warner Bros. announced the release plan. Then he entered the food business with Lone Star Steakhouse & Saloon, Inc. and became a franchisee of Papa Johns Pizza. Streaming is expected to continue to cut into box-office totals after the pandemic. Mr. and Mrs. Hollis are active in social and philanthropic ventures, often serving as hosts for non-profit and sometimes political fundraisers at their red brick manse on approximately nine acres of Terrell Hills land. If you have any questions about this information, please contact a member of the Institutional Advancement team at Makelivesbetter@uthscsa.edu. In it, Bill Hader, star of the series Barry, deadpanned that he had always wanted to work for the phone company. After the sizzle reel finished and the screening room lights went up, Kilar looked for the CEOs blessing. and Elizabeth Buford Brian and Kristi Alfaro Warner Bros., with a storied history and reputation for taking care of talent, was more desirable against Amazon and Netflix when the bidding prices were roughly equal. Gabriel and Teresa Khodr 56. An activist investment group, Elliott Management, wondered in September 2019 why AT&T hadnt simply made an arrangement like those instead of spending $104 billion to get into show business. Dr. Boskind is the owner and CEO of Deer Oaks, a behavioral healthcare organization. Edward Whitacre, the former CEO of AT&T and General Motors who lives in San Antonio, is being discussed as President Donald Trump's likely nominee to replace Roberta Jacobson as U.S. While current executives brush off the consequences of the failed merger, they acknowledge one result: I think it probably led us to the conclusion that we needed to look elsewhere for other opportunities for growth, says Stephens, the former CFO. They were sending signals to the audience and investors and anyone whos listening that they were going down the road of streaming at that point, Swann says. Berkely and his brother Vincent Dawson are former owners of BudCo., the beer distributorship for Anheuser-Busch and Grupo Modelo. Casey Family Living Trust Bloomberg broke news of a possible spinoff of WarnerMedia on Sunday, May 16. Nayeli Properties, LLC Felipe Jimenez 27. Mrs. Weaver is the owner and general manager of Kiddie Park on Broadway, which she and her husband Rad purchased and revitalized several years ago. Whitacre's Way - Forbes We must not reduce our vigilance and look forward to hosting our vaccinated guests at this years Presidents Gala. 81 Taylor Prewitt is the newsletter editor for Texas Monthly. Mr. Wulfe is the CEO of Precision Mold & Tool Government Division, an aerospace parts manufacturing company, and the son of Sonny Wulfe, cofounder of Alamo Aircraft Supply. AT&T headquarters in downtown Dallas was dubbed "Whitacre Tower" in honor of Whitacre's 44 years at the company, 17 of which were spent as chairman and CEO. Last Year: No. 81 Edward E Whitacre Jr. John and Laura Zachry Scott Petty, Jr. Eric Brey - Edward E. Whitacre Jr. Endowed Chair - LinkedIn What AT&T didnt earn in profits, because of Apples steep fee for exclusivity and subsidized iPhone prices for new customers, it made up for with a more loyal customer base that could not get iPhone service anywhere else. Other organizations performing similar types of work: Analysis of Revenue and Expenses (for 2013), Contributions, gifts, grants, etc., received, Interest on savings and temporary cash investments. Mr. Kennedy is the founder of the Watermark Hotel Company. Its wireless revenues and customer base each soared about 40 percent. Tony Parker Eilene Sullivan 35. The short-term benefits seemed readily apparent. $3,270,000 (The Hermitage) Mrs. Ames is the owner of Hanley-Wood, an upscale gift store in Alamo Heights. Memorial Fund, John J. Ghidoni, MD Memorial Fund in Pathology, Beth A. Goins, Ph.D. Radiological Sciences Graduate Program Endowed Scholarship, Milka M. Montiel, M.D. James & Kristine Ellis What Im looking for and what journey were on right now is a simpler, more focused AT&T, he said. Last Year: 85. Mr. Ellis was senior executive vice president and general counsel for AT&T for 20 years. Whitacre: GM must change perceptions - San Antonio Business Journal He is a Owner of Kinetica Partners LLC. The Edward E. Whitacre, Jr., Endowed Chair in Mechanics was established in 2014 by the Whitacre Family Foundation. Mr. Klesse is the former chairman of the board, chief executive officer and president of Valero Energy Corporation. 8. 39 Edward & Linda Whitacre, Jr. On 4,000 sun-baked acres of mesquite, blackbrush and cactus 60 miles south of San Antonio, Tex., AT&T Chairman Edward E. Whitacre Jr. keeps a Texas-size ranch house, five man . $2,800,000 (Terrell Hills) $3,825,000 (Terrell Hills) 3 6 Where Whitacre was a Texas-twanged swashbuckler who never had a computer on his desk, Stephenson was a bespectacled accountant from Oklahoma who would track on his tablet a list of companies he wanted to acquire. Ambassador to Mexico. Mr. Hayes is the president of the Robert Tucker Hayes Foundation, which is headquartered in Dallas. He began his career with Southwestern Bell Telephone Company in 1963 as a facility engineer in Lubbock, Texas. Mr. Daniell is the owner of JD Properties. Last Year: No. He also serves as a trustee for various funds managed by U.S. 5. At its essence, 5G is a faster 4G, but it is so much faster it may lead to changes we cannot yet predict. 8 This article originally published on May 18, 2021. Jeffery Jaffe He must add and serve customers instead of adding companies. We also provide tools to help businesses grow, network and hire. Sondra L. Grohman To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment. He served as national president of the Boy Scouts of America from 1998 to 2000. That, to me, is far away from our knitting, she says. More than three years after the (WarnerMedia) deal was announced, the letter stated, there is still confusion over strategy and a growing sense that AT&T doesnt have a plan.. Mr. Strait is one of the most popular and successful country music performers in history. $3,999,150 (Terrell Hills) Apple deserved some of the blame because of an iPhone chip that led to dropped calls. 23. Randall Stephenson (far left), then chairman, CEO, and president of AT&T, and others testify before a Congressional committee about the proposed merger between AT&T and T-Mobile, in May 2011. This amount must be distributed in the next year, Private Operating Foundations (for 2010 - 2013), The lesser of the adjusted net income or the minimum investment return, Qualifying distributions made directly for active conduct of exempt activities, Value of assets qualifying under section 4942(j)(3)(B)(i), Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties), Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii), Analysis of Income-Producing Activities (for 2013), Fees and contracts from government agencies, Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013). When he is in San Antonio, he lives in this palatial home with his wife, Axele Francine, and their young son. I am a Professor and Chair of Biomedical Engineering and Chemical Engineering at the University of Texas at San Antonio. Last Year: No. Stankey grew up on the Palos Verdes Peninsula, south of Los Angeles. 44. Last Year: 99 93. $2,924,450 (Terrell Hills) Shop Full Width; Shop With Sidebar; . Peter and Julianna Holt Mr. Hall is the chairman of Call Now, Inc. 94. $6,275,000 (Anaqua Springs) Whitacre pegs GM stock at $20-$25 a share - mySA Mr. Hodge is the president of Gil Hodge Aviation, Inc. Last Year: No. Mario and Elva Rapanotti own the Rapanotti Dental practice in North San Antonio. Artists dont find disruption as scintillating as Silicon Valley acolytes. Pretty humorless and pretty severe.. Ms. Carr is the director of MGIC Investment Group. 54 16 66. In 1988, for his outstanding work and leadership ability,Whitacrewas made president and chief operating officer at Southwestern Bell, which later became SBC Communications and finally AT&TInc.After17-yearsas AT&T chairman, CEO, and president, Whitacre announced his retirement in 2007. Last Year: 26 $3,377,550 (Terrell Hills) The Burziks are the founders of the Catherine & Francis Burzik Foundation, which benefits higher education and the performing arts, including a notable donation of $250,000 to endow an engineering chair at UTSA. $4,100,000 (Terrell Hills) Nicolas and Aliece Hollis Last Year: No. We can bundle those things together to make both of our businesses, our entertainment and our connectivity, kind of benefit from each other, John Stephens, the companys former chief financial officer, who retired in March, told me. A. Lanham and Dacia Napier $6,972,050 American Turnaround: Reinventing AT&T and GM and the Way We Do Business $3,216,540 (The Dominion) $2,950,000 (Alamo Heights) Zachry Corp. in charge of heavy civil construction, as well as subsidiaries like Capitol Aggregates, Sunset Station and the Hilton Palacio del Rio. AT&T managers saw the portion of their compensation tied to stock prices dip, and felt that top executives left them in the dark on the direction of the company. Mr. Zachry is the president of the Zachry Corporation division of the old H.B. 21. Last Year: No. Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year? On September 1, 2010, Whitacre stepped down as CEO, and retired as chairman of the board by . Copyright 2011-2022 UT Health San AntonioLinks from web sites affiliated with UT Health San Antonios web site (www.uthscsa.edu) to other web sitesdo not constitute or imply university endorsement of those sites, their content, or products and services associated with those sites. SBCs service area ultimately stretched from California to Connecticut and even into Mexico, where it had purchased a stake in TelMex. Last Year: No. Buoyed by AT&Ts gift and the hiring of former AT&T executive John Legere, T-Mobile improved its network and slashed its rates. 26. $4,278,460 (The Dominion) They painted a portrait of company leadership determined to build AT&T into a conglomerate with the influence (and market valuation) of Silicon Valley titans such as Facebook and Appleeven when that meant moving into arenas far outside its core business and expertise. From 1982-1985, he headed Southwestern Bell's Kansas Division, leading them through the break-up of the Bell System. Patrick and Joan Kennedy Should you wish to make an appointment to receive a vaccination you may contact Rhonda Falcon, Presidential Patient Navigator, at falconr@uthscsa.edu or by phone at 210-450-8600. Thats why the boring old phone company bought into the glitz and glam of Hollywood. Last Year: No. Mr. Parker is known throughout the NBA and in Europe as an extremely quick point guard on several title-winning basketball teams. Having recently sold Sirius Computer Solutions, Inc., Mr. Najim can focus more sharply on the philanthropic endeavors for which he has become well known and admired.