AT&T names Kelly J. Grier to board as Scott T. Ford announces retirement

AT&T Inc. (NYSE:T) announced Monday that its Board of Directors has elected Kelly J. Grier as a director, effective September 1. Grier will join the Corporate Development and Finance and Human Resources Committees. According to the company’s statement, she will participate in the compensation program for non-employee directors as outlined in AT&T’s 2025 Proxy Statement.

The Board determined that Grier meets the independence standards of the New York Stock Exchange.

With Grier’s election, current director Scott T. Ford notified the company of his plan to retire from the Board, effective September 1.

This information is based on a statement provided in an SEC filing.

In other recent news, AT&T reported its second-quarter 2025 results, surpassing expectations with strong revenue driven by equipment sales and exceeding EBITDA forecasts, largely due to its wireline business. The company also benefited from tax savings, which contributed positively to its financial performance. In light of these results, TD Cowen raised its price target for AT&T to $32 from $30, maintaining a Hold rating. KeyBanc Capital Markets kept its Sector Weight rating, highlighting AT&T’s fiber strategy and tax savings as significant factors. Despite higher customer churn, AT&T saw better-than-expected broadband and postpaid phone net additions, though mobility profitability was impacted by increased equipment costs and marketing expenses. Additionally, AT&T announced plans to dual list its common stock on the newly launched NYSE Texas, effective August 1, 2025, while retaining its primary listing on the New York Stock Exchange. In corporate governance developments, Kelly Grier was elected to the AT&T board, succeeding Scott Ford, who retired after 13 years. These are some of the recent developments surrounding AT&T.

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