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DALLAS - AT&T Inc. (NYSE:T) announced Tuesday the election of Kelly Grier to its board of directors, effective September 1. Grier, the former U.S. Chair and Americas Managing Partner of Ernst & Young LLP (EY), will serve on the Human Resources Committee and the Corporate Development and Finance Committee.
Simultaneously, the company announced that Scott Ford will retire from the board on September 1 after 13 years of service.
During her more than 30-year career at EY, Grier held various leadership positions both domestically and internationally, including Vice Chair and Central Region Managing Partner and Americas Vice Chair of Talent.
"Kelly’s financial and leadership expertise are valuable additions to our strong and capable board," said John Stankey, CEO and chairman of AT&T’s Board of Directors, in a press release statement.
Grier currently serves as a board member for several companies including Booking Holdings, Inc., CDW Corporation, and Illinois Tool Works, Inc. She previously chaired the governing board for the Center for Audit Quality.
She holds a bachelor’s degree in accounting from Saint Mary’s College.
AT&T provides connectivity services to more than 100 million U.S. customers and nearly 2.5 million businesses through its wireless and internet offerings.
In other recent news, AT&T reported better-than-expected revenue and exceeded EBITDA forecasts in its second-quarter 2025 results, driven by strong equipment sales and tax savings. The company also saw a rise in broadband and postpaid phone net additions, although it faced higher customer churn and increased costs in its mobility segment. Following these results, TD Cowen raised its price target for AT&T to $32, citing the financial benefits from tax savings while maintaining a Hold rating. Wolfe Research also increased its price target to $33, maintaining an Outperform rating and noting AT&T’s strategic shift from legacy businesses to growth areas like fiber and mobile services. KeyBanc Capital Markets kept its Sector Weight rating, pointing to AT&T’s effective fiber strategy and tax savings as positive factors. Additionally, AT&T announced a dual listing of its common stock on NYSE Texas, effective August 1, 2025, while retaining its primary listing on the New York Stock Exchange. In other developments, TELUS Digital Experience opened a new office in Dubai to address the growing demand for AI-powered digital transformation services in the Middle East. These recent developments reflect ongoing strategic initiatives and market responses for both AT&T and TELUS.
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