Summary
AT&T Inc. (T) has announced a significant leadership transition within its finance department. Senior Executive Vice President and Chief Financial Officer, Pascal Desroches, will retire effective December 31, 2026. This transition marks the end of Mr. Desroches' tenure and the beginning of a planned succession. To ensure a smooth handover, AT&T has appointed Jennifer Biry as Deputy Chief Financial Officer, effective July 6, 2026. Ms. Biry will subsequently assume the role of Chief Financial Officer on January 1, 2027. Ms. Biry brings extensive experience, having previously served in senior finance and strategy roles at AT&T, as well as holding CFO and COO positions at McAfee.
Key Highlights
- 1Pascal Desroches, Senior Executive Vice President and CFO, to retire effective December 31, 2026.
- 2Jennifer Biry appointed Deputy Chief Financial Officer, effective July 6, 2026.
- 3Jennifer Biry to assume the role of Chief Financial Officer on January 1, 2027.
- 4Ms. Biry has prior extensive experience with AT&T and served as CFO/COO of McAfee.
- 5The Company disclosed a familial relationship of Ms. Biry's stepdaughter with an AT&T subsidiary, with compensation consistent with market rates.
Frequently Asked Questions
This 8-K filing announces the planned retirement of AT&T's Chief Financial Officer, Pascal Desroches, and the appointment of Jennifer Biry as his successor.
Jennifer Biry will officially assume the role of Senior Executive Vice President and Chief Financial Officer on January 1, 2027. Prior to that, she will serve as Deputy Chief Financial Officer starting July 6, 2026.
Jennifer Biry, 52, has a strong background in finance and strategy. She previously held various senior positions within AT&T since 1999, including Executive Vice President and Chief Financial Officer of WarnerMedia. More recently, she was the Chief Financial Officer and Chief Operating Officer of McAfee.
Yes, the filing notes that Jennifer Biry's stepdaughter is employed by an AT&T subsidiary. Her compensation in 2025 was approximately $141,090 and is stated to be similar to rates for comparable positions within the Company.