This structure has John Donovan take the title of CEO of the new AT&T Communications subsidiary division (incorporated that same day after a dividend payout). AT&T named John Stankey to run Time Warner media businesses and John Donovan as CEO of AT&T Communications ahead of the Time Warner acquisition.
This setup involves John Donovan taking charge of the new AT&T Communications subsidiary division (incorporated on the same day following a dividend payment). AT&T assigned John Stankey to oversee Time Warner's media ventures and John Donovan as CEO of AT&T Communications ahead of the Time Warner acquisition.