Darren Casey Last Year: No. Over the course of fifteen years, he spent nearly $300 billion on thirteen . 37. Stephens and other executives made the companys entre into entertainment sound like a natural progression. Still, T-Mobile, thanks in part to a 2019 merger with Sprint and a smart purchase of cheap spectrum in April 2017made while AT&T was sparring with federal regulators over Time Warnerleads in 5G for now. $2,821,550 (Hill Country Village) Ms. Grohman is President and CEO of Shining Star Energy. [17] On December 1, 2009, Whitacre became interim CEO following Fritz Henderson's resignation. As much as the iPhone benefited AT&T, the drawbacks gave its top competitor an opportunity to stand out. $3,244,500 (Terrell Hills) . Mark and Patricia Mays In it, Bill Hader, star of the series Barry, deadpanned that he had always wanted to work for the phone company. Whitacre's "Lessons in Leadership" and amiable nature set the bar high for incoming speakers. He can still be found on an occasional automobile commercial. Nor is it truly the same American Telephone and Telegraph company that sprung from Alexander Graham Bells 1876 invention. They co-founded an information technology firm, dNovus RDI, and have been associated with other companies, including commercial real estate firm FNK Ventures. A source close to the NAFTA talks in Mexico City told the Rivard Report that buzz is surrounding Whitacre and a couple other names. As a chair, director of a lab, and co-director of an institute I am inspire by someone who has accomplished so much as a leader and is known for how he cares about people. 77 Average iPhone customers used two to four times as much data as those on other devices. He earned his Ph.D in Chemical Engineering at Rice University and was an NIH post-doctoral fellow in the Department of Surgery at Loyola University Medical Center before joining UTSA in 2017. Gilbert Hodge AT&Ts top executives assumed the deal would sail past regulators, giving the company about 45 percent of all wireless market revenue. Mr. Watson is the owner of Watson Management Group and Diamond K Ranch as well as the former Texas Parks & Wildlife Commissioner. Mr. Rochelle is a managing partner and executive vice president of RamRoc Construction Company as well as the chairman of the board of directors for Good Samaritan Community Services. Yet the potential long-term effectssuch as fracturing relationships with theater owners and filmmakerswere much riskier gambles. Anthony and Claudette Gentry Mr. Buford is the president of sport franchises for Spurs Sports and Entertainment as well as the general manager of the San Antonio Spurs. And now that they invest in their bread-and-butter business, suddenly the money comes in. Entner gives Stankey credit for doing the right thing with the Discovery deal. Our UT Health Hospital will provide state-of-the-art care, including new precision therapies that offer personalized medicine for our patients. Last Year: No. You have to have the courage to face the truth and say, We made a mistake, Entner told me. Whitacre is playing it cool for now - mySA 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. Edward Earl Whitacre Jr. (born November 4, 1941) is the former Chairman and CEO of General Motors. 90. He graduated from Loyola Marymount University in 1985 and months later started working for Pacific Bell, which was acquired by Ed Whitacres SBC in 1997. $2,800,000 (Shavano Park) 64 In response, AT&T and Verizon were forced to reprice their offerings, which cut into their margins. Edward E. 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Last Year: No. His Golden Plate was presented by Awards Council member Carlos Slim.[22]. AT&T seemed certain to build on that lead because Whitacre had secured a deal with Apple for exclusive rights through 2010 to offer service for the soon-to-launch iPhone. 17 If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. 10 Betting on People, Not Products . 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. On Wednesday, November 3, 2021, UT Health San Antonio will honor Linda and Ed Whitacreat our annualPresidents Gala. 10. She, Emmerich, and Jason Kilar had to explain their decision to almost everyone else. Ed Whitacre grew up in Ennis, 35 miles southeast of Dallas. They did not invest properly in their bread-and-butter business. Last Year: 91, 95. October 30, 2021 . On September 1, 2010 he relinquished the CEO position to Daniel Akerson but agreed to continue on as GM Chairman to the end of the year. In 2005, Whitacre caught the biggest fish: beleaguered former parent company AT&T, which had missed the wireless revolution. Its like bringing somebody to a sporting event where they are like, How many points do you get for a basket? It was almost at that level with him in entertainment.. From there he joined the relaunchedGeneral Motors Corporation as chairman and CEO, helping the company to a profit of over $1 billion dollars,putting them in position to repay their 2009 government loan. Mr. Dicke is known in San Antonio as a prominent figure at Trinity University: member of the class of 1968, member of the board of trustees, chairman of the board of trustees and generous donor. Mr. Lewis is founder and chief executive of Lewis Energy, an oil and gas exploration firm whose success in South Texas has put him on the short list of San Antonios billionaires (per Forbes magazine). Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. And what about all those actors, producers, and agents furious at AT&T? James & Kristine Ellis He began his career with Southwestern Bell in 1963 as a facility engineer. Deborah Butt Rogers [7] There had been allegations by former AT&T technician Mark Klein that such work had been done in Room 641A of the San Francisco offices. Last Year: No. 23 Mr. Brundage is the president of Sun Loan Company and A-AAA Key Mini Storage. He served as national president of the Boy Scouts of America from 1998 to 2000. Last Year: 24 Last Year: No. 35 Roy Terracina Report: New GM CEO shopping for house in Detroit - Autoblog 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. 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. At UT Health San Antonio, we take your privacy and sensitive information seriously and will not use the information you provide for purposes other than those related to processing your donation or gift. 48. Some WarnerMedia executives found, without explanation, that new hires or managers from AT&T or DirecTV had assumed their roles, effectively making their jobs unnecessary. Mr. Grossman is CEO of BG Group, LLC & partnered with Burger World Texas, LLC. The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. American Turnaround: Reinventing AT&T and GM and the Way We Do Business They were told, You are buying at the peak, and its going to go downhill from here. And they still did it.. $2,821,070 (Terrell Hills) 77. He oversaw a series of acquisitions that grew the firm into AT&T, then retired, only to be appointed interim CEO of General Motors as it struggled through bankruptcy. Last Year: 94 He is also a former chairman of the board and chief executive officer of AT&T, previously Southwestern Bell Corporation (SBC). Based on public records. Memorial, Ruth Ann Baldwin Endowment for Nursing Education, Ruth Ann Baldwin Endowed Nursing Scholarship, Sam Barshop Scholarship for Clinical Excellence, Bates Medical Scholarship Fund in the School of Nursing, Block-Dreeben Endowed Nursing Scholarship, Anne Fishburne Briscoe Endowed Scholarship in Nursing, Barbara Warren Cramblet Memorial Scholarship Endowment, Dale and Victoria Dittmar Nursing Endowment, Kelly and Pat Frost Endowed Nursing Scholarship, Howard and betty Half Endowed Professorship in Nursing Excellence for Patient Care, Dr. Patty L. Hawken Nursing Endowed Professorship, Nancy Smith Hurd Endowed Nursing Scholarship, Nancy Smith Hurd Presidents Chair in Geriatric Nursing and Aging Studies, Harry S. Lynch, Sr. Memorial Scholarship Endowment, Col. Jean Migliorino & Lieutenant Col. Phillip Piccione Faculty Award for Research Excellence, Mary Faye Montgomery Memorial Endowed Scholarship, Anita Perry Endowment for the Center for Community Based Health Promotion in Women and Children, Jane Powell and Thomas Powell, Jr. Whitacre handed Stephenson a company with 61 million cellular subscribers, edging out Verizons 59 million for the industrys top spot. Bell telephone operators work a switchboard in the 1940s. Peter Holt and Lauren Holt Internationally renowned engineer Eric Brey is the Edward E. Whitacre, Jr. Endowed Chair in Mechanics and a distinguished leader in positioning UTSA as a premier institution for scientific research. What he felt the company needed to compete with the Silicon Valley crowd was content. Had it been up to Ed Whitacre, AT&T never would have left San Antonio. 51. Rodney and Kim Lewis These guys cant say hello without making a deck to do it, the former executive said wryly. 33 Distinguished Professorship in Nephrology, Glen Biggs Memorial Fund for Alzheimer Research, Jack R. and E. Jane Robison Endowed Scholarship in Urology, Charles A. Rockwood, Jr., M.D., Chair in Orthopaedics, Steven Schenker, M.D. Nursing Scholarship Endowment in Honor of Carol Ann Swartz, Patricia Reed, Lois Cole, Jane Miller, Warren Miller and Wanda Reed Endowed Nursing Scholarship, Evelyn Revels Endowed Nursing Scholarship, Judith and Marven Rosenblum Endowed Memorial Scholarship in Nursing, Santa Rosa Childrens Hospital Scholarship Fund in Memory of Taylor Andrew Marceau, Jennifer Herin-Selvester Endowed Nursing Scholarship, Katherine Erdmann Shelby Endowed Memorial Scholarship, Amy Shelton and V.H. AT&T leaving San Antonio for Dallas - Chron He now manages Petty Interests, a variety of firms in ranching and natural resources headquartered in a stone and glass office building he built and owns on Austin Highway. Television and movie studios, owned by the likes of Disney, NBCUniversal, and Viacom, were charging escalating prices and using the proceeds to invest in their own planned streaming services to challenge front-runner Netflix. Mr. Ellis was senior executive vice president and general counsel for AT&T for 20 years. He was president at one time of Central Park Mall, Inc., which was across San Pedro from North Star Mall before its demolition. In response, new WarnerMedia head Jason Kilar had cooked up this so-called day-and-date release model, which calculated that sacrificing potential theatrical revenues from 2021 film releases was worth the anticipated boost to HBO Maxs subscriber base. Some of them stood to suffer financially, having been promised a cut of their films box-office revenue, which now would be substantially reduced. Mr. Booke is the former Executive VP and Chief Administrative Officer at ValeroEnergy. $2,950,000 (Alamo Heights) They live in a 9,000+ square foot house on a little over an acres in the Dominion. Douglas Miller Hardly anyone outside AT&T agrees it made sense: Inarguably one of the worst deals of all time, Craig Moffett, an analyst for MoffettNathanson and a prominent AT&T critic, wrote in one investors note. Mr. Dicke hails from the small town of New Breman, Ohio, where his family business, Crown Equipment, manufactures what they call The BMW of Forklifts. The last privately owned forklift company in the U.S., the Dickes family firm reported 2006 sales of $1.7 billion. 37 Tammy Watts Last Year: 81 68. Online resources indicate that Spitfire Realty LLC is a business name associated with Rodney Lewis of Lewis Energy. James and Paula Callaway Rodney and Kimbery Lewis Eric Brey - Edward E. Whitacre Jr. Endowed Chair - LinkedIn Many of our guests are required to operate at the highest of standards to protect our patients and I am grateful to you for your consideration of this sincere request. 47 Its free. Was there a liquidation, termination, dissolution, or substantial contraction during the year? He retired as senior vice president and chief financial officer of Rockwell International in 2001. $3,188,000 (Terrell Hills) Martin and Denise Landon $5,075,000 (Terrell Hills) If you have any questions about this information, please contact a member of the Institutional Advancement team at Makelivesbetter@uthscsa.edu. 35. 69. Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period? Voices of San Antonio is a production of the San Antonio Public Library Foundation. Leave them blank to get signed up. From 1981 to 1991, Mr. Mandigo was president and CEO of Intelogic Trace, a firm that sold and leased computer and communications systems. Last Year: No. $3,864,000 (Olmos Park) Butt, Jr. and collaborates with husband David Rogers to lead That streaming service was so far viewed as a disappointment. $2,800,000 (Terrell Hills) Surgical Center. And its full of great reads, yall. 67. One former manager, who retired in the fall of 2020 and still consults for AT&T, told me the companys focus has shifted every six months during the past few years. Corrections: Several figures recounting the financial terms, and timing, of acquisitions detailed in this story have been updated. His 2013 memoir of that period is entitled American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA. Whitacre retired from AT&T in 2007, handing over . Director Christopher Nolan, who has made several blockbusters with Warner Bros., gave a blistering statement to the Hollywood Reporter. 78 Mr. Hall is the chairman of Call Now, Inc. 94. Dr. Theard developed the Theda Oaks Ambulatory Currently up for sale $3,999,150 (Terrell Hills) It built its branding around offering superior service, and its customers seemed to agree: it ranked number one on that 2010 Consumer Reports list. 33. But just two months later, AT&T revealed it wants to go back to focusing on the pipes business. It could irrevocably disrupt the way the movie business works. TRAVIS E. POLING and WILLIAM PACK , San Antonio Express-news. Entner, the analyst with Recon Analytics, told me a phone business that depends on using a streaming service to add customers was like an expensive restaurant seeking to hook patrons with free coffee. 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. Mr. and Mrs. Kudla are associated with the Kudla Family Trust. 37 Mr. Sanjay and Swapnil Misra WarnerMedias EBITDA was $9 billion. Last Year: No. Meanwhile, complaints over dropped phone calls and patchy internet were as consistent as iPhone sales, highlighted by a 2010 Consumer Reports ranking of AT&T as the least-reliable carrier by a significant margin. He sought to bolster AT&Ts U-verse television service by purchasing satellite television provider DirecTV in 2015 for $67 billion. 36. Southwestern Bell Moving Headquarters From St. Louis to San Antonio $3,728,840 (The Dominion) Mr. Lewis is the founder and CEO of San Antonio-based Lewis Energy Group. Last Year: No. BusinessWeek RESUME: Edward E. Whitacre Jr. "Open letter to Ed Whitacre, new interim CEO of GM", "Edward E. Whitacre Jr. Elected to ExxonMobil Board", "Editorial: Texan of the Year finalist Ed Whitacre", "Edward Whitacre Jr. named new GM chairman", "GM Statement Attributed To Chairman Ed Whitacre", "China's SAIC noncommittal on stake in GM IPO", "Golden Plate Awardees of the American Academy of Achievement", "SBC's Whitacre will receive honorary doctorate", Chief Executive Officer of Southwestern Bell, Chief Executive Officer of SBC Communications, Chief Executive Officer of General Motors, Michigan Bell and Western Electric Warehouse, https://en.wikipedia.org/w/index.php?title=Edward_Whitacre_Jr.&oldid=1147939675, American chief executives in the automobile industry, Articles with dead external links from March 2018, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License 3.0, leadership of Southwestern Bell Corporation/AT&T Inc., and General Motors, This page was last edited on 3 April 2023, at 04:28. John and Jocelyn (Theard) Battles 8 Last Year: No. $3,800,000 (Alamo Heights) $3,650,000 (Alamo Heights) 50. Competition among streaming-television providers was just beginning to intensify, and it was soon apparent the contenders needed as much content as possible on their services to keep customers attention (along with their monthly subscription payments). He stepped down as GM's CEO in 2010. https://guides.mysapl.org/voicesofsanantonio. Bradley Martin, Jr. When it came time to put someone in charge of the new WarnerMedia, Stephenson believed Stankey was the phone companys best fit. 49 In addition, Whitacre has a three-year consulting contract with AT&T for which he is paid about $1 million annually. It was a costly miscalculation. The two-minute promotional clip featured footage from the upcoming Warner Bros. film slatetitles including Dune, Godzilla vs. Kong, and The Suicide Squad. $3,420,000 (The Dominion) The Barnses live in a 5-bedroom, 5-bath home with approximately 8,300 square feet in Alamo Heights. Southwestern Bells largest customer base was in Texas, as was Whitacres Marble Falls vacation property. He has since served on the board of directors of AMD. Whitacre hasn't always been eager to divulge his insights, but sitting down with San Antonio Magazine recently, before a book signing with Alamo City residents at The Broadway, he admits not very many people become chairman of two of the nation's largest companies . $2,860,000 (Monte Vista) 82. including the Greater San Antonio Chamber of Commerce's Freeman Award, the Spirit of Achievement Award from the National Jewish Medical and Research Center, and the International Citizen of . Whitacre's Way - Forbes 32 Mr. Kennedy is the founder of the Watermark Hotel Company. or Vonage should not be able to use the pipes for free. [10], On April 27, 2007, at the AT&T annual stockholders meeting, Whitacre announced his intent to retire as chief executive officer and chairman of the board, effective June 3. I spoke with insiders who were not certain the anger would subside. Content creators do not need pipes, he wrote. lorraine chase suffolk. Last Year: 74 72. Innovations Spring 2013 - University of Texas at San Antonio We're a part of the UT Health San Antonio, provider of comprehensive health,dental,&cancer care,advanced academics,andlife-saving research. 96. They live in a 9,000+ square foot house on a little over an acres in the Dominion. Dr. Shadfan foundedSA Scientific in 1984, and has been the owner and manager of SA Scientific, LTD in San Antonio since then. Edward & Linda Whitacre, Jr. Edward Whitacre Jr. - Wikipedia Battles is a business administrator and developer. Zillow lists the home as 7,119 square feet on 0.99 acres. Robert Tucker Hayes Last Year: No. He angered San Antonio officials, and many employees, by moving the companys headquarters to Dallas in June 2008, in order to be nearer a greater concentration of tech companies and have better access to direct flights. There were signs, even before announcing the spinoffs of DirecTV and WarnerMedia, that Stankey was refocusing AT&T on its core businesses. Mr. Elizondo is the chairman of the board of trustees at St. Marys University and a retired vice president of operations in the Americas for UPS. Last Year: No. 45 Last Year: No. From 1982-1985, he headed Southwestern Bell's Kansas Division, leading them through the break-up of the Bell System. LibGuides: Voices of San Antonio: Whitacre, Ed Stankey grew up on the Palos Verdes Peninsula, south of Los Angeles. $2,930,000 (Alamo Heights) Mr. Word operates New Braunfels-based Dean Word Company, a firm known for its road- and bridge-building work, as well as mining and construction services to private sector/corporate clientele. On a building adjacent to the 37-story Whitacre Tower, a 104-foot screen flashed images of Wonder Woman stars Gal Gadot, Kristen Wiig, and Chris Pine. It was the runt of the Baby Bell litter, but it also soon had a Texan CEO with big ideas. Like them, AT&T had distribution, and it had valuable user data for targeting ads to its wireless and broadband customers. Mr. Lindner is the former senior executive vice president and CFO of AT&T. Mr. Holt is the managing partner of the San Antonio Spurs and related entities that own the NBA franchise, the WNBA Silver Stars, the minor league Rampage hockey team, and the AT&T Center arena management firm. Last Year: No. A . Still, that number seems like a pittance compared with the hundred-million-plus dollars films like it, Wonder Woman 1984, and Dune might have earned at the box office in a pre-pandemic weekend. We report on vital issues from politics to education and are the indispensable authority on the Texas scene, covering everything from music to cultural events with insightful recommendations. Last Year: 37 $3,766,200 (Olmos Park) He worked towards making it a diversified, global communications brand and swiftly increased . Its true that AT&T has long pushed into new territory, ahead of other telecoms, largely thanks to the daring spirit of a Texan, Ed Whitacre, who built the modern version of AT&T. Her home, most of which was built in 1922, sits on a little more than two acres. If we can assist in any way, please do not hesitate to contact us at (210) 567-2508. Mrs. Worth, the daughter of Rodney and Kim Lewis (No. The board of directors elected Randall Stephenson to succeed Whitacre as new CEO and chairman. While Stephenson fell for the lure of Tinseltown, Entner says, and it was a siren song, Stankey has given more focus in the area that matters most. $6,708,540 (Downtown) $4,150,000 (Olmos Park) San Antonio Express-News file photo Show More Show Less 2 of 42 Ed Whitacre speaks after receiving the San Antonio Greater Chamber of Commerce Pathfinder Award at the AT&T Center on Oct. 13, 2010. 36 Last Year: 11 Forbes rates him as one of San Antonios billionaires. Last Year: No. After originally opposing Stankey as CEO, according to CNBC, Elliott Management decided he was better positioned than an outsider to take over. Brandon E. Grossman He started work with the Southwestern Bell Telephone Company in 1963 as a facility engineer. Viewers were increasingly cutting the cord, opting out of pricey, one-size-fits-all cable bundles in favor of streaming their preferred entertainment on demand. 70. On June 29, 2007, that swagger seemed well-earned. Mr. Woods, has been the President of McCombs Enterprises, Inc. since 1979. Whitacre's way put AT&T at the top of the list - NBC News San Antonio, TX 78249. Mr. Jaffe is the son of Horseshoe Bay Resort founder Morris Jaffe and Jeanette Longoria. Address. Robert Elizondo Last Year: No. Elliott bought $3 billion in AT&T shares, planning to use its financial position to influence the company to make changes it believed would increase the value of its stock. AT&T CEO Whitacre to retire after 44 years with company San Antonio Express-News . Collect Yourself, St. Louis - St. Louis Magazine Tammy is Executive Director of Rapha God Ministries, a ministry providing free Christian prayer counseling to those in need. $4,100,000 (Terrell Hills) Last Year: No. When he took charge, Stankey announced he would keep jobs intact, but there were hundreds of layoffs and buyouts in the first year after AT&T took over. John Walker 75. $3,056,610 (Downtown) SAN ANTONIO, Texas (AP) _ Southwestern Bell Corp. is moving its corporate headquarters and about 500 jobs here from St. Louis starting in December. 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. 80. Forbes declared that Whitacre infused the company with cowboy swagger and Texas-size ambitions.. Dr. Kiesz is the president and CEO of San Antonio Endovascular & Heart Institute and Mrs. Kiesz is identified as administrator of that facility. During the year did the foundation (either directly or indirectly): Engage in the sale or exchange, or leasing of property with a disqualified person? Brian and Kristi Alfaro $3,300,000 (Greystone Country Estates) 28. In Lubbock, an evangelist preached to hundreds of people waiting in line, and rumors swirled that the stores staff had interrupted a noisy, amorous couple inside a tent waiting outside the night before. Perhaps ironic for a communications company was how few of the many agents, actors, and directors affected by the decision had been told ahead of time, much less consulted. Barry and Elizabeth McAllen Roberts 4. $2,987,000 (Terrell Hills) 37. Amid the pandemic, Stankey soon laid offa reported 3,400 phone workers and another 1,200 from WarnerMedia.

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