Summary
AT&T Inc. (T) filed an 8-K report on June 24, 2021, announcing a change in its Board of Directors. The size of the Board was increased from 12 to 13 members, and Luis A. Ubiñas was elected as a new director. This expansion and appointment are effective immediately. Mr. Ubiñas has also been appointed to the Public Policy and Corporate Reputation Committee. His participation in the compensation program for non-employee directors will follow the established practices outlined in AT&T's 2021 Proxy Statement.
Key Highlights
- 1Board size increased from 12 to 13 members.
- 2Luis A. Ubiñas elected as a new Director.
- 3Appointment is effective immediately.
- 4Mr. Ubiñas appointed to the Public Policy and Corporate Reputation Committee.
- 5Mr. Ubiñas deemed independent under NYSE and AT&T standards.
- 6Director will participate in the standard non-employee director compensation program.