Poor, poor Randall Stephenson (AT&T CEO). It seems that after he failed to successfully acquire T-Mobile U.S.A., the shareholders and directors have decided to trim $2.08 million from his take home pay by way of a smaller cash bonus and reduced stock. Even with the cut in income, Stephenson still garnered ~$18+ million in 2011 – no small chunk of change. Of course, his loss is much less than AT&T’s $4.2 billion payment to T-Mobile as part of their agreement should the acquisition fail.
