From Bloomberg Markets and Finance.
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. This episode profiles AT&T CFO Pascal Desroches, who has partnered with CEO John Stankey to restructure the company around a core of fiber and 5G wireless connectivity.
Chapters:
00:00:00 – Back to Basics: AT&T’s New Strategy
00:00:31 – Breaking Up the Giant
00:01:04 – Investing in the Core: Connectivity
00:01:26 – Pascal Desroches: First Impressions
00:02:11 – CFO Philosophy: Progress Over Perfection
00:02:49 – The Power of Collaboration
00:03:15 – Rebuilding Trust with Transparency
00:04:06 – Leaner, Stronger, Faster
00:04:30 – The Future is Fiber
00:05:32 – Dual Strength: Fiber & Wireless at Scale
00:06:01 – Chasing Wireless Market Share
00:06:53 – Copper Sunset: Offloading Legacy Networks
00:07:55 – Massive CapEx, No Brakes
00:09:37 – Rewarding Shareholders
00:10:13 – Balance Sheet Discipline
00:11:17 – Fiber Frenzy: The M&A Opportunity
00:12:42 – Inside the Network: Central Offices Tour
00:13:00 – The Pascal Desroches Journey
00:13:57 – Lessons from Across Sectors
00:14:53 – Phasing Out Copper Infrastructure
00:16:03 – Monetizing Network Real Estate
00:16:44 – Fiber vs. Copper: Efficiency Revolution
00:17:30 – National Reach via Central Offices
00:17:46 – Tariff Trouble on the Horizon?
00:18:12 – Navigating the Macro Landscape
00:19:47 – Staying Competitive in All Markets
00:20:39 – Future-Proofing for 80% Growth
00:21:09 – Eyes on the Prize
00:22:31 – Advice for Aspiring CFOs
00:23:27 – Final Reflections from the CFO Chair
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