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46 27 $3,285,000 (Alamo Heights) 59. In November 2020, the fund revealed it was selling nearly all of its shares, just as Stankey and WarnerMedia were discussing one of their most audacious moves yet. Dan Hughes, Jr. and Peggy Hughes While the timing of the merger with Discovery is shocking, especially given all of AT&Ts recent professed optimism, many analysts and current and former AT&T employees had remained unconvinced of the mutual benefits of a phone company running an entertainment business. Mr. Brown was the vice president of San Antonio-based Del Ray Oil, Inc. as well as vice president of Canadian company W.F. Endowed Chair in Maternal-Fetal Medicine, Waid Rogers, M.D., Ph.D. Endowment in Surgery, Kaye E. Wilkins Orthopaedic Professorship, Randal A. Otto, MD, Master Educator in Otolaryngology Distinguished Lectureship, Linda and Steven Bailey Endowment in Cardiovascular Educational, Ruth E. Berggren, MD, Endowment for Ethics in Action, James J. $5,075,000 (Terrell Hills) John and Margaret Nebens June 28, 2008. Mrs. Shields is the daughter of Red McCombs and has worked for McCombs Enterprises for 38 years, according to her LinkedIn profile, with the last ten as president of the McCombs Foundation. Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments? BG Group LLC is a diverse investment holding company. 93. Mr. Woods, has been the President of McCombs Enterprises, Inc. since 1979. Beneath the giant screen was the AT&T Experience Store, featuring virtual reality Wonder Woman games and two life-size statues: Gadot sparkling in golden Wonder Woman armor, and Wiig grimacing in spotted fur as the villainous Cheetah. Last Year: 100 54. [21], In 1997, Whitacre received the Golden Plate Award of the American Academy of Achievement. Mr. Miller is the CEO of Xenex Healthcare Services and cofounder of Rackspace. Verizon, which acquired the wireless carrier Alltel in 2009, surpassed AT&T in cellular subscribers that year. Last Year: No. Edward E. Whitacre Jr.1941- Chairman and chief executive officer, SBC Communications Nationality: American. John and Last Year: No. He graduated from Texas Tech University in 1964 with a Bachelor of Science in Industrial Engineering. The executives were so obsessed with mergers and financial issues, this employee said, that they really took their eye off the ball on execution, on delivering value to customers, shareholders, and employees. Stephenson saw some of the largest companies in the worldFacebook, Apple, Amazon, Netflix, and Googleswelling in market value. Ms. Baugh is the president of the John and Eula Mae Baugh Foundation and daughter of Sysco Corp founders John and Eula Mae Baugh. San Antonio 107. You will work very hard, and this next year willmy wife hates when I say thisfeel like childbirth, he said. 29. 11. 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.. Last Year: 91, 95. Has the foundation engaged in any activities that have not previously been reported to the IRS? [14], In May 2008, Whitacre was elected to the board of directors for ExxonMobil. 58. Edward Earl Whitacre Jr. (born November 4, 1941) is the former Chairman and CEO of General Motors.He is also a former chairman of the board and chief executive officer of AT&T, previously Southwestern Bell Corporation (SBC). 42. The investment firms judgment that Stankey would slim down AT&T proved correct. The DirecTV and Time Warner acquisitions werent all on Stephenson. $2,800,000 (Terrell Hills) [11] It has been reported that during his tenure at AT&T, Whitacre offered Randall Stephenson three words of advice via text message when the executive change was announced: "Give 'em hell". Mrs. Burzik is the former director, president and CEO of Kinetic Concepts. Last Year: No. Zachry Corp. that handles engineering, construction and maintenance of projects in heavy industries like power, energy and petrochemical plants. But a pattern had been set. Leave them blank to get signed up. Yet the potential long-term effectssuch as fracturing relationships with theater owners and filmmakerswere much riskier gambles. Inadvertent errors are possible. Edward E. Whitacre Jr. was born in Ennis, Texas and graduated from Texas Tech University in 1964 with a degree in Industrial Engineering. Streaming is expected to continue to cut into box-office totals after the pandemic. Zachry Corp. in charge of heavy civil construction, as well as subsidiaries like Capitol Aggregates, Sunset Station and the Hilton Palacio del Rio. One UTSA Circle. Last Year: No. Keith and Cynthia Booke The Kolitzes are major supporters of the Cancer Therapy and Research Center. Nursing Scholarship, Eileen T. Breslin, PhD, RN, FAAN Doctoral Education Endowment for Leadership and Innovation, Rita Yakubik Endowed Graduate Nursing Award, Support the Graduate School of Biomedical Sciences, Support the Greehey Childrens Cancer Research Institute, Support the Glenn Biggs Institute for Alzheimer's & Neurodegenerative Diseases, Support the Barshop Institute for Longevity & Aging Studies, UT Health San Antonio Distinguished Alumnus Award, School of Dentistry Distinguished Alumnus Award, The Sam and Ann Barshop Institute for Longevity & Aging Studies, Greeley Childrens Cancer Research Institute, Become an Ambassador for Childrens Cancer Research, Friends of the Barshop Institute for Longevity and Aging Studies, Association of Retired Faculty & Associates, Council for Excellence in Women's Health donation, Center for Medical Humanities & Ethics Advisory Council, The South Texas Research Organizational Network Guiding Studies on Trauma and Resilience, Glenn Halff, M.D. Forbes declared that Whitacre infused the company with cowboy swagger and Texas-size ambitions.. Deborah Butt Rogers Marsha Shields Mr. Kennedy is the founder of the Watermark Hotel Company. A . Last Year: No. Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? 79 Michael W. and Candace Humphreys Emilia Clarke, who played the Mother of Dragons in the megahit Game of Thrones, announced, I will bend the knee to Lord Stankey.. He is the former CEO of The Scooter Store and former executive vice president and CFO of Kinetic Concepts. Richard and Christy Lindner Breys research interests include tissue engineering, regenerative medicine and biomaterials. SAN ANTONIO - Edward Whitacre Jr., who led AT&T Inc.'s (T) expansion into the largest telecommunications company in the nation, announced unexpectedly . 45 But one thing Stankey doesnt have, something he didnt need in the phone business, is flair. Select this result to view Edward Leroy Whitacre's phone number, address, and more. He serves on the national board of Boy Scouts of America. EIN: 20-0184488; Classification Corporate Foundations (Philanthropy, Voluntarism and Grantmaking Foundations) Nonprofit Tax Code . $4,444,640 (The Dominion) Language links are at the top of the page across from the title. Holdings. 70. AT&Ts top executives assumed the deal would sail past regulators, giving the company about 45 percent of all wireless market revenue. By the end of 2020, AT&T had lost about 9 million of the 26 million TV subscribers it had after the DirecTV purchase. Upon retirement, Whitacre was eligible for a $158 million payout from AT&T. Todays AT&T is not your grandfathers AT&T. In April, Godzilla vs. Kong opened on HBO Max to the highest viewership totals yet on the platform, but also to a first weekend U.S. box office of $32 million, the biggest opening haul of any film since the onset of pandemic. 66. Last Year: No. 78 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. 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. 39 Their home, more than 24,000 square feet on 30 acres of land, was listed for sale at $17.5 million. AT&Ts downtown Dallas headquarters is in, Why These Ugly, Abandoned Longview Homes May Be Worth Saving. $3,864,000 (Olmos Park) 28 $4,038,000 (Hill Country Village) 82. Robert and Sandora Kolitz Secret sounds like we were in the Bat Cave or something, he said, giving a nod to the entertainment properties he was discarding. Last Year: No. Mr. Zachry is the president of the Zachry Corporation division of the old H.B. 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. Last Year: No. Barbara Baugh 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. Edward & Linda Whitacre, Jr. $6,692,350 (Terrell Hills) . The two-minute promotional clip featured footage from the upcoming Warner Bros. film slatetitles including Dune, Godzilla vs. Kong, and The Suicide Squad. $2,800,000 (Shavano Park) But those early days of the iPhone may have been the high point for Stephenson as CEO. $4,150,000 (Olmos Park) 16 Simple Product 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). This posed a problem for Dallas-based AT&T, which in 2018 had spent $104 billion (including the assumption of debts) to purchase Warner Bros., DC Comics, HBO, and the Turner television networks from Time Warner, rebranding the collective assets as WarnerMedia. John and Laura Zachry They live in a 9,000+ square foot house on a little over an acres in the Dominion. Izmir, LLC (Businessman Izmir Abbud) $2,851,000 (Alamo Heights) 21 Under Whitacre, Elliott Management wrote, the company had a clear strategic rationale for the assets it required. But under Stephenson? Berkely and his brother Vincent Dawson are former owners of BudCo., the beer distributorship for Anheuser-Busch and Grupo Modelo. Last Year: No. 78. $2,987,000 (Terrell Hills) Stankey, who led WarnerMedia until the spring of 2020, almost never talked about shows and movies, or the actors, writers, and directors who made them. Whitacre was questioned regarding possible customer information leaks to the NSA in the interest of national security. $2,784,550 (Terrell Hills) That Stankey had been the number one cheerleader for that deal and had managed DirecTV for two years did not deter him from spinning it off. The news propelled AT&T to one of its best monthly stock gains in years, with shares rising nearly 10 percent. 25 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. $4,148,620 (Shavano Park) [12], BusinessWeek (1999) reported that, although the CEO of AT&T amongst the largest and most influential names in telecommunications and its surrounding technology, Whitacre did not use e-mail or have a computer at his office. 65 Mr. Whitacre moved to San Antonio when he brought Southwestern Bells corporate headquarters to Houston Street. Last Year: 26 There were plenty of lawyers and plenty of payouts made to replace traditional back-end earnings, the share of a films box-office profits to which some of them were entitled. Mark Watson, Jr. If boredom doesn't get them first, a call . Ambassador to Mexico. 17 In 2010, Whitacre was named as a finalist for Texan of the Year.[16]. UT Health San Antonio Office of Institutional Advancement MC-7835 7703 Floyd Curl Drive San Antonio, TX 78229-3900 Makelivesbetter@uthscsa.edu, AccessibilityPublic/Personal InformationWeb PrivacyOffice of the PresidentUT Health San Antonio. 86. John and Barbara Cantrell Last Year: 43 Mr. Jimenezs office is in Boerne, but his secretary declined to say who resides in the Dominion home. Tammy is Executive Director of Rapha God Ministries, a ministry providing free Christian prayer counseling to those in need. In 2004, he was awarded an honorary doctorate degree by the University of the Incarnate Word.[23]. Edward Earl Whitacre, Jr. is a former chairman and CEO of General Motors. $4,300,000 (Terrell Hills) The Ellises added their impressive new 8,400-square-foot home to the Terrell Hills landscape just a few years ago. Last Year: No. 53. He is clinical, he looks at facts, says Jeff McElfresh, who heads AT&Ts cellular and broadband sector. 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 . It also seemed an admission that acquiring DirecTV had been a mistake, something Stephens, the CFO, was nearly willing to concede to me. Sam and Gayle Youngblood $2,860,000 (Monte Vista) Before WarnerMedia, AT&Ts business was phone, television, broadband internet, and mobile data services. Last Year: Not Ranked $2,822,240 (Shavano Park) Gary and Glenda Woods 82. Premium content always wins, Stephenson said at the time. Rodney and Kimbery Lewis Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? Last Year: No. During the year did the foundation pay or incur any amount to: Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? Last Year: No. Whitacre's "Lessons in Leadership" and amiable nature set the bar high for incoming speakers. $3,425,000 (Alamo Heights) Apple deserved some of the blame because of an iPhone chip that led to dropped calls. Mr. Buford is the president of sport franchises for Spurs Sports and Entertainment as well as the general manager of the San Antonio Spurs. He has since served on the board of directors of AMD. A plaza outside the building was filled with sculptures of rainbow-streaked Ws, and visitors posed for pictures inside a massive silver orb shaped like the AT&T logo. He stepped down as GM's CEO in 2010. https://guides.mysapl.org/voicesofsanantonio. 57. Total operating and administrative expenses, Excess of revenue over expenses and disbursements, Investments-U.S. and state government obligations, Total liabilities and net assets/fund balances, Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income), Current year estimated tax payments and previous year's overpayment credited to current year, Exempt foreign organizations-tax withheld at source, Tax paid with application for extension of time to file (Form 8868), Any penalty for underpayment of estimated tax, Amount to be credited to next year's estimated tax. and Elizabeth Buford Mr. Hayes is the president of the Robert Tucker Hayes Foundation, which is headquartered in Dallas. 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. 49. Edward Whitacre Jr., the new chairman of General Motors, . Paul Boskind 77 66 $11,428,020 (Terrell Hills) $3,800,000 (Alamo Heights) Last Year: No. 59 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. 82. Thats why the boring old phone company bought into the glitz and glam of Hollywood. 33 (Hill Country Village) $3,399,000 (Terrell Hills) He worked at an Oshmans sporting goods store in high school, stringing tennis rackets, and followed his father and grandfather in becoming an Eagle Scout. Mr. Goldsbury built Pace Picante into a national brand, sold to Campbell Foods for slightly more than $1 billion and launched Silver Ventures, a private equity firm known for the Pearl and hotel ownership. Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes, Undistributed income for this year. 81 3 Last Year: No. After the WarnerMedia deal closed, the stock hardly budged even as other streaming companies made huge gains on Wall Street. The entertainment industry landscape was rapidly changing around AT&T. 57 $2,893,000 (Hill Country Village) 6 Outgoing CEO Ed Whitacre was never supposed to be the long-term chief executive at General Motors.In fact, he never even purchased a home in the Detroit area, instead opting to commute between San . 32. AT&T thought it would gain leverage in negotiating the fees charged by television networks to carry their content. Director Christopher Nolan, who has made several blockbusters with Warner Bros., gave a blistering statement to the Hollywood Reporter. Mr. Roberts is the operations manager and co-trustee of Coates Energy. 10 Betting on People, Not Products . 15. Last Year: No. Mr. Zachry is the chairman and CEO of Zachry Group, the division of the former H.B. The 63-year-old chairman and CEO of SBC Communications on merging with AT&T, landlines versus cell phones, and the evils of regulation (imagine that). 62 Sondra L. Grohman Stankey is a bald, square-jawed man with a linebackers physique. Last Year: No. John, in his own admission, was so clearly not a fan of entertainment, this executive says. AT&Ts wireless category brought in $30 billion in EBITDA last year, a metric that reflects a companys cash flow. Content creators do not need pipes, he wrote. Furnish goods, services, or facilities to (or accept them from) a disqualified person? 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. Eilene Sullivan Whitacre Family Foundation. TRAVIS E. POLING and WILLIAM PACK , San Antonio Express-news. We also provide tools to help businesses grow, network and hire. 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. They talked about HBO Max rolling into sixty additional countries this year and the unveiling of a cheaper, ad-supported version that would allow AT&T to test its targeted advertising strategy. Mr. Martin is the director and chairman of the International Evangelism Association and the grandson of Henry Phipps, Jr., a business partner in Carnegie Steel Company. Last Year: 88 Its as if AT&T were a trucking company, and Stephenson now wanted it to operate farms and grocery stores too. Born: November 4, 1941, in Ennis, Texas. Mrs. Cerisola is the wife of Pedro Cerisola Benvenutti, who is the uncle of Pedro Cerisola y Weber, former Secretary of Communications of Mexico under Presidente Fox. 33 Last Year: 85. Edward & Linda Whitacre, Jr. 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. He started work with the Southwestern Bell Telephone Company in 1963 as a facility engineer. I see this as a recognition of the lab and for all the hard work the students, post docs, and staff are putting in every day. Last Year: No. $2,923,780 (Alamo Heights) The San Antonio Business Journal features local business news about San Antonio. 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. The HBO Max release plan is indicative of how AT&T has long operatedcharging ahead with risky decision after risky decision in hopes of making up for (or at least obscuring) setback after setback. Spitfire Realty All that dealmaking left AT&T with a massive $180 billion in debt as of Marchand two potential paths forward. It took some time to tell them and kind of have them understand where we were coming from, and we eventually got there, Sarnoff says. 9. Last Year: No. We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered. Analysts appreciated the boldness of Stephensons plan to buy Time Warner, even though they were split on its chances of proving a success. 69 Images of giant alien sandworms, Amazonian warriors, and comic-book villains were paired with text announcing that all seventeen movies the studio planned to release in 2021 would be available to subscribers of the streaming service HBO Max on the same day they launched in theaters. Casey Family Living Trust 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.. $4,100,000 (Terrell Hills) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? After the sizzle reel finished and the screening room lights went up, Kilar looked for the CEOs blessing. My laboratory is focused on the fields of tissue engineering . Some of them stood to suffer financially, having been promised a cut of their films box-office revenue, which now would be substantially reduced. Or, as he put it in his typical mode of speaking, If you dont create a pure vertically integrated capability from distribution all the way through content creation and advertising models, youre going to have a hard time competing with these guys.. $2,975,380 (Terrell Hills) Barry and Elizabeth McAllen Roberts She serves as Chair of the Board of Directors of the American College of Wound Healing and Tissue Repair. 61. $4,152,000 (Terrell Hills) Mrs. Rogers is the daughter of H.E. Scott Petty, Jr. AT&T made it official in a press release about 6:15 a.m., Dallas time, the next day. Last Year: No 61 4 Shop Full Width; Shop With Sidebar; . Young, Ph.D. Endowed Chair for Excellence in Education, Air Force Nurse Corp Foundation Endowed Scholarship, Laura V. Alvarado, Colonel, USAF, NC (Ret.) [7], Whitacre's compensation totaled $61 million in 2006,[8] $17 million in 2005, and about $14 million in 2004. James & Kristine Ellis Mr. Woods serves as President and Chief Operating Officer at Red McCombs Hyundai Ltd. 75. It beat AT&T to building the first stand-alone 5G network. 33. Draco Hoke Trust c/o Frank Ruttenberg Bell telephone operators work a switchboard in the 1940s. Last Year: 24 It has repeatedly favored growing through acquisition rather than confronting the nitty-gritty of improving its network infrastructure and long-derided customer service. By Dennis Kneale. Mr. Napier is the former CEO of Rackspace Hosting credited with helping grow the companys revenue from $1.5 million in 2006 to $1.5 billion in 2014, before his sudden retirement in 2014. 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. 40. 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. Global Investors. Employer Identification Number (EIN) 200184488. $6,380,500 (Terrell Hills) 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.

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ed whitacre house san antonio