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Press Release -- November 2nd, 2019
Source: AT&T

Stephen Luczo Elected to AT&T’s Board of Directors

AT&T Inc.* (NYSE:T, news, filings) today announced that Stephen Luczo has been elected to the company’s Board of Directors, effective immediately.

Mr. Luczo, 62, is Chairman of the Board of Seagate Technology and has served in this role since 2002. From October 2017 to October 2018, he also served as Executive Chairman. Before that, he served two tenures as CEO and Chairman.

Mr. Luczo’s election brings the number of seats on the AT&T Board of Directors to 14.

Randall Stephenson, AT&T Chairman and CEO, said, “We are excited to add Steve to our Board.  He brings deep experience in technology and executing strategic cost initiatives.   These skills tightly align with the 3-year operational plan we articulated earlier this week, and he will be an excellent complement to our already strong group of directors.”

Matt Rose, independent lead director of AT&T’s Board of Directors and chairman of the nominating committee, said, “Steve is a tremendous addition to our Board, and we will benefit from his experience as we execute our strategic plans.”

Mr. Luczo will serve on the Board’s Corporate Development and Finance Committee.

Additional background on Stephen Luczo

Stephen Luczo has served as Seagate Technology’s Chairman of the Board since 2002. From October 2017 to October 2018, he also served as Executive Chairman. Before that, he served two tenures as the company’s Chief Executive Officer and Chairman.

Mr. Luczo joined Seagate in 1993 as SVP of Corporate Development. In 1997, he was promoted to President and Chief Operating Officer of the predecessor company Seagate Software. In 1998, he was promoted to CEO and then in 2002 was appointed Chairman and CEO. In 2004, Mr. Luczo resigned as CEO, but remained Chairman. In 2009, Mr. Luczo was again appointed CEO by the Board.

Mr. Luczo also serves on Morgan Stanley’s Board of Directors where he is a member
of the Operations and  Technology Committee.

Before joining Seagate, Mr. Luczo served in a variety of leadership roles in the financial services industry, including: Senior Managing Director and Co-Head, Global Technology Group at Bear, Stearns & Co; and VP and Head of West Coast Technology at Salomon Brothers.

Mr. Luczo received an M.B.A. from the Graduate School of Business at Stanford University, and an A.B. with Honors in Economics from Stanford University.

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