Summary
Boeing's 8-K filing on December 15, 2017, reports the resignation of Randall L. Stephenson, Chairman and CEO of AT&T Inc., from Boeing's Board of Directors. Mr. Stephenson cited a need to focus his time and attention on matters at AT&T, particularly given an anticipated busy year ahead for his company. His departure is explicitly stated as not being the result of any disagreement with Boeing regarding its operations, policies, or practices.
Key Highlights
- 1Randall L. Stephenson, Chairman and CEO of AT&T Inc., has resigned from Boeing's Board of Directors.
- 2The resignation was effective on December 15, 2017.
- 3Mr. Stephenson's stated reason for resignation is to dedicate more time to AT&T's affairs.
- 4Boeing confirmed that Mr. Stephenson's resignation is not due to any disagreements with the company.
- 5This event relates to the composition of the Board of Directors and corporate governance.