Television and movie studios, owned by the likes of Disney, NBCUniversal, and Viacom, were charging escalating prices and using the proceeds to invest in their own planned streaming services to challenge front-runner Netflix. 50 Last Year: No. He became known for hosting in-house seminars that displayed his all-encompassing knowledge of the industry. For our guests who prefer to share in our Gala event remotely, please visit us at http://makelivesbetter.uthscsa.edu/galavirtual for more information. 50. SAN ANTONIO - Edward Whitacre Jr., who led AT&T Inc.'s (T) expansion into the largest telecommunications company in the nation, announced unexpectedly . Tony Parker Nor is it truly the same American Telephone and Telegraph company that sprung from Alexander Graham Bells 1876 invention. Ed Whitacre grew up in Ennis, 35 miles southeast of Dallas. Collect Yourself, St. Louis - St. Louis Magazine Oh, my gosh, no, no, this guy is like a deep technical engineer, says Anne Chow, who leads the unit dealing with AT&Ts wireless and broadband for business customers. 42. 37. In February 2021, he announced that DirecTV and U-Verse would be spun off, creating a new company valued at $16 billion. Thomas and Maria Brundage Jeffery Jaffe It might have worked, if people still watched TV in 2015 like they had in 2005. Its as if AT&T were a trucking company, and Stephenson now wanted it to operate farms and grocery stores too. In Lubbock, an evangelist preached to hundreds of people waiting in line, and rumors swirled that the stores staff had interrupted a noisy, amorous couple inside a tent waiting outside the night before. Such bundling also offered AT&T the opportunity to make use of what it knew about its customerstheir viewing habits, location datato target ads at them on streaming platforms. LibGuides: Voices of San Antonio: Whitacre, Ed Roy Terracina 3 We can bundle those things together to make both of our businesses, our entertainment and our connectivity, kind of benefit from each other, John Stephens, the companys former chief financial officer, who retired in March, told me. 17. 82. 66. Online Marketing For Your Business ed whitacre house san antonio Weeks later, during a videoconference presentation to investors and analysts on March 12, Stankey gave jargon-heavy explanations for why these disparate parts fit together. Memorial, Ruth Ann Baldwin Endowment for Nursing Education, Ruth Ann Baldwin Endowed Nursing Scholarship, Sam Barshop Scholarship for Clinical Excellence, Bates Medical Scholarship Fund in the School of Nursing, Block-Dreeben Endowed Nursing Scholarship, Anne Fishburne Briscoe Endowed Scholarship in Nursing, Barbara Warren Cramblet Memorial Scholarship Endowment, Dale and Victoria Dittmar Nursing Endowment, Kelly and Pat Frost Endowed Nursing Scholarship, Howard and betty Half Endowed Professorship in Nursing Excellence for Patient Care, Dr. Patty L. Hawken Nursing Endowed Professorship, Nancy Smith Hurd Endowed Nursing Scholarship, Nancy Smith Hurd Presidents Chair in Geriatric Nursing and Aging Studies, Harry S. Lynch, Sr. Memorial Scholarship Endowment, Col. Jean Migliorino & Lieutenant Col. Phillip Piccione Faculty Award for Research Excellence, Mary Faye Montgomery Memorial Endowed Scholarship, Anita Perry Endowment for the Center for Community Based Health Promotion in Women and Children, Jane Powell and Thomas Powell, Jr. But one thing Stankey doesnt have, something he didnt need in the phone business, is flair. Last Year: 89 Nursing Scholarship Endowment in Honor of Victoria Boiling, Jane Powell and Thomas Powell, Jr. Brey is also invested in engineering education, with a specific interest in the influence of undergraduate research on education and career trajectories. We're a part of the UT Health San Antonio, provider of comprehensive health,dental,&cancer care,advanced academics,andlife-saving research. Over the course of fifteen years, he spent nearly $300 billion on thirteen purchases, consolidating four of the Baby Bells. Last Year: No. It was the runt of the Baby Bell litter, but it also soon had a Texan CEO with big ideas. Last Year: No. 75. Last Year: No. Our community role is to educate a diverse workforce of health care providers and scientists; engage in research to improve health; provide state-of-the-art patient care; enhance community health awareness and practices; address health disparities; and serve as the health safety net for San Antonio and South Texas most vulnerable populations. maid rite recipe with chicken broth. Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges? Last Year: No. Heriberto "Berto" Guerra Jr. is chairman and CEO of Avanzar Interior Technologies, which makes interior parts for the Toyota Tundra and Tacoma trucks. Shop Full Width; Shop With Sidebar; . We also provide tools to help businesses grow, network and hire. 78 The HBO Max release plan is indicative of how AT&T has long operatedcharging ahead with risky decision after risky decision in hopes of making up for (or at least obscuring) setback after setback. Last Year: No. AT&Ts downtown Dallas headquarters is in, Why These Ugly, Abandoned Longview Homes May Be Worth Saving. $6,380,500 (Terrell Hills) Whitacre was inducted into the Junior Achievement U.S. Business Hall of Fame in 2009. Last Year: No. She is also trustee of the G.A.C. 74 San Antonio Express-News file photo Show More Show Less 2 of 42 Ed Whitacre speaks after receiving the San Antonio Greater Chamber of Commerce Pathfinder Award at the AT&T Center on Oct. 13, 2010. Zachry Corp. in charge of heavy civil construction, as well as subsidiaries like Capitol Aggregates, Sunset Station and the Hilton Palacio del Rio. The communication to get everybody on the bandwagon, it was just very top-down, one former manager told me. On September 1, 2010, Whitacre stepped down as CEO, and retired as chairman of the board by . Last Year: 37 34. AT&T headquarters in downtown Dallas was dubbed "Whitacre Tower" in honor of Whitacre's 44 years at the company, 17 of which were spent as chairman and CEO. Apple deserved some of the blame because of an iPhone chip that led to dropped calls. Last Year: No. And now that they invest in their bread-and-butter business, suddenly the money comes in. Entner gives Stankey credit for doing the right thing with the Discovery deal. Some 70 percent of existing HBO customerswho could have used HBO Max for no extra chargehad not even signed up. Just a few months ago, LightShed Ventures analyst Rich Greenfield wrote in an investors note that AT&T and Comcast should each give up their entertainment properties and merge WarnerMedia and NBCUniversal. Whitacre Family Foundation. The San Antonio Business Journal features local business news about San Antonio. I dont know if it wasnt the right move or not, but if youre asking me, did I expect or hope it would turn out more value-creating than the value it created? 89. 51. Mrs. Shields is the daughter of Red McCombs and has worked for McCombs Enterprises for 38 years, according to her LinkedIn profile, with the last ten as president of the McCombs Foundation. Mr. Martin is the director and chairman of the International Evangelism Association and the grandson of Henry Phipps, Jr., a business partner in Carnegie Steel Company. 75. The endowment was also available for matching Texas Research Incentive Program (TRIP) funding. 32 Clark and Martha Mandigo, II Whitacre Family Foundation in San Antonio, Texas (TX) Marcus Barrett, III and Mary Barrett It built its branding around offering superior service, and its customers seemed to agree: it ranked number one on that 2010 Consumer Reports list. 39 She spent nine years as Senior Adviser for Public Strategies and held several senior-level positions with SBC Communications. But those early days of the iPhone may have been the high point for Stephenson as CEO. Todays AT&T is not your grandfathers AT&T. Last Year: No. They did not invest properly in their bread-and-butter business. 92. Mr. Outgoing CEO Ed Whitacre was never supposed to be the long-term chief executive at General Motors.In fact, he never even purchased a home in the Detroit area, instead opting to commute between San . Ms. Grohman is President and CEO of Shining Star Energy. Patrick and Joan Kennedy $3,766,200 (Olmos Park) Lake University. Thomas Moorman If you think about the work that had to be done to normalize distribution agreements and get ourselves set up so that we can make the pivot from a linear foundation, which was HBO, to a forward-leaning SVOD capability, which was HBO Max, he said at one point. Now Stankey must do what Stephenson, and even Whitacre, did not: the boring, hard work necessary to grow AT&T the old-fashioned way. That Stankey had been the number one cheerleader for that deal and had managed DirecTV for two years did not deter him from spinning it off. This article originally published on May 18, 2021. The drama is enough inspire a moviereleased directly to HBO Max, of course. 67. In 2007, AT&T created an award called the "Whitacre Award" to honor the former chairman. Mrs. Rogers is the daughter of H.E. Mr. Zachry is the chairman and CEO of Zachry Group, the division of the former H.B. In response, new WarnerMedia head Jason Kilar had cooked up this so-called day-and-date release model, which calculated that sacrificing potential theatrical revenues from 2021 film releases was worth the anticipated boost to HBO Maxs subscriber base. , Non-representatives - add comments about Whitacre Family Foundation, You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated, (additional info to increase the weight and the placement of your review and ratings), NonProfitFacts.com is not associated with, endorsed by, or sponsored by Whitacre Family Foundation and has no official or unofficial affiliation with Whitacre Family Foundation, Would you recommend Whitacre Family Foundation to others? 2. (optional). Mr. Roberts is the operations manager and co-trustee of Coates Energy. With your help, the 2021 Presidents Gala will again be a spectacular evening for our community. It was his position as the former chairman of the board and chief executive officer with SBC (Southwestern Bell Corporation) that established him as a world renowned executive. Brandon E. Grossman 54. He and his wife Margaret were recently awarded the Beacon Award for their passionate service and many contributions to the San Antonio community. SAN ANTONIO, Texas, April 27 (Reuters) - AT&T Inc. T.N chief Ed Whitacre said on Friday he will retire in June after building the largest U.S. telecommunications service provider through seven . Mr. Wulfe is the CEO of Precision Mold & Tool Government Division, an aerospace parts manufacturing company, and the son of Sonny Wulfe, cofounder of Alamo Aircraft Supply. Name of Organization. 47. Mr. Hall is the chairman of Call Now, Inc. 94. He is clinical, he looks at facts, says Jeff McElfresh, who heads AT&Ts cellular and broadband sector. This is not for the faint of heart. Yet he sounded comparatively chastened during a conversation with Texas Monthly in late March, saying that Warner Bros. should have worked out more compensation deals in advance but decided not to because the studio feared the day-and-date release plan would be leaked to the press. Or it could instead acknowledge that the Time Warner deal was a mistake and focus on phones and broadband. ed whitacre house san antonio - casessss.com Beneath the giant screen was the AT&T Experience Store, featuring virtual reality Wonder Woman games and two life-size statues: Gadot sparkling in golden Wonder Woman armor, and Wiig grimacing in spotted fur as the villainous Cheetah. AT&Ts divided attentions were abundantly on display in and around the companys headquarters in downtown Dallas in January. Whitacre: GM must change perceptions - San Antonio Business Journal Byrd Moore Williams, III/University of North Texas Libraries/The Portal to Texas History. Their home, more than 24,000 square feet on 30 acres of land, was listed for sale at $17.5 million. He was part of the group that in 2001 developed the Golf Club of Texas at Briggs Ranch, which was sold in May 2014. American Turnaround: Reinventing AT&T and GM and the Way We Do Business Mike Hall writes about criminals, musicians, the law, and barbecue. Some of the biggest stars, notably The Little Things lead actor Denzel Washington, had been notified in advance of the press release, Sarnoff told me. Last Year: No. SAN ANTONIO AT&T, the former Baby Bell that grew from San Antonio's largest corporate citizen into the world's . 37. Viewers were increasingly cutting the cord, opting out of pricey, one-size-fits-all cable bundles in favor of streaming their preferred entertainment on demand. The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. Last Year: No. Last Year: No. BG Group LLC is a diverse investment holding company. 44 Zillow lists the home as 7,119 square feet on 0.99 acres. $2,985,000 (Midtown) Drs. The company is involved in manufacturing clinical diagnostic test kits and reagents for human, veterinary, and food safety industries. [19], In February 2014 it was announced that he will deliver the Spring Commencement address for University of the Pacific's Stockton campus on May 10, 2014 at Alex G. Spanos Center. The short-term benefits seemed readily apparent. 53. Southwestern Bells largest customer base was in Texas, as was Whitacres Marble Falls vacation property. In exchange, according to Forbes, AT&T shared roughly 8 percent of all of its iPhone revenues with Apple. In Sept. 2013, the Ruth Eilene Sullivan Ceramic and Sculpture Studios at the University of the Incarnate Word were dedicated to Mrs. Sullivan. 69 Artists dont find disruption as scintillating as Silicon Valley acolytes. 19. Woman accused of killing boyfriend's 6-year-old daughter, wheeling body Dr.Theresa Siler-Khodr is also an OB/GYN, but with a specialty in endocrinology and the president of the Center for Investigation of Cell Regulation and Replication. Online resources indicate that Spitfire Realty LLC is a business name associated with Rodney Lewis of Lewis Energy. 45. RDH, Endowed Memorial Scholarship, Dr. John Littlefield Memorial Endowment Fund, Timothy B. Henson Endowment in Pediatric Dentistry, Dr. John Rugh Student Research Travel Award Endowment, Nita Swenson Wallace Endowment in Dental Hygiene, Dean William W. Dodge, DDS Endowment for Excellence in Dentistry, The East Africa Oral Health (EAOH) Initiative, Dr. Peter M. Loomer Endowment for Dental Faculty Excellence, Dr. Shannon Barnhart Distinguished Resident Award, Debbie Canales Yrle Distinguished Service Endowment, Oveland Family Leadership Endowment in Rehabilitation and Research, Floyd L. Carriker Memorial Endowed Scholarship, Shirlyn McKenzie Endowed Professorship Fund in Clinical Laboratory Sciences, Medical Laboratory Sciences Endowed Scholarship, Kimatha Grice Scholarship for Hand Therapy, Physician Assistant Studies Program - Laredo, Greehey Children's Cancer Research Institute, Deaf Education and Hearing Sciences Chatterbox program, Hanna E. Abboud, M.D. His 2013 memoir of that period is entitled American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA. UPDATE 3-AT&T CEO Whitacre to retire, Stephenson to replace Gilbert Hodge SBC Communications took on the AT&T name and brandingplus its famous T-for-telephone stock symbol. 35 Copyright 2011-2022 UT Health San AntonioLinks from web sites affiliated with UT Health San Antonios web site (www.uthscsa.edu) to other web sitesdo not constitute or imply university endorsement of those sites, their content, or products and services associated with those sites. Perhaps ironic for a communications company was how few of the many agents, actors, and directors affected by the decision had been told ahead of time, much less consulted. Peter Holt and Lauren Holt David and Karen Zachry Portrait of American businessman and former AT&T Chairman Edward Whitacre Jr, San Antonio, Texas, October 2, 2008. Last Year: Not Ranked. $3,825,000 (Terrell Hills) Last Year: No. He is a Owner of Kinetica Partners LLC. 14. Mark and Patricia Mays Mrs. Burzik is the former director, president and CEO of Kinetic Concepts. Stankey chose the latter, undoing the boldest moves of his predecessor after only about ten months in charge. 52. 24. 7. To leap back over Verizon, Stephenson employed a move from the Whitacre playbookannouncing a $39 billion purchase of T-Mobile in March 2011. Festive gala masks will be distributed at the event should you wish to wear a mask matching our theme of the event. On June 29, 2007, that swagger seemed well-earned. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development - for Texas, the nation and the world. In hindsight, it all got kick-started by that move to San Antonio, Whitacre wrote in his 2013 memoir, American Turnaround. SAN ANTONIO, Texas (AP) _ Southwestern Bell Corp. is moving its corporate headquarters and about 500 jobs here from St. Louis starting in December. At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year? James and Kelly Daniell Dr. Shadfan foundedSA Scientific in 1984, and has been the owner and manager of SA Scientific, LTD in San Antonio since then. Still, T-Mobile, thanks in part to a 2019 merger with Sprint and a smart purchase of cheap spectrum in April 2017made while AT&T was sparring with federal regulators over Time Warnerleads in 5G for now. 9 Keep Going, Keep Growing 121. $2,950,000 (Alamo Heights) 30 Dr. Theard developed the Theda Oaks Ambulatory Mr. and Mrs. Azar are the co-owners of San Antonio Gas & Oil, and Mr. Azar, according to a business bio on Bloomberg, has more than 30 years as a leader in the Texas and Oklahoma energy industry. Mr. Zachry is the president of the Zachry Corporation division of the old H.B. Last Year: No. Richard and Mary Azar Edward Whitacre - Address & Phone Number | Whitepages Christopher Hall 88. I spoke with insiders who were not certain the anger would subside. AT&T, however, started spending substantially to improve its network only after it was already strained. 13 Their home features more than 10,000 square feet of living area on 64 hundredths of an acre. 23 Where Whitacre was a Texas-twanged swashbuckler who never had a computer on his desk, Stephenson was a bespectacled accountant from Oklahoma who would track on his tablet a list of companies he wanted to acquire. Last Year: No. 19. This was a devastating blow to St. Louisthe forerunner of many it would sufferbut what made it legendary was the widely held belief that a significant factor in the decision to move was Whitacre . They co-founded an information technology firm, dNovus RDI, and have been associated with other companies, including commercial real estate firm FNK Ventures. Analysts appreciated the boldness of Stephensons plan to buy Time Warner, even though they were split on its chances of proving a success. Then in 1992, he moved AT&T, then Southwestern Bell, to San Antonio from St. Louis. $4,444,640 (The Dominion) By Dennis Kneale. 48 Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. Last Year: No. He is now listed as a partner in Save On Energy, Ltd. 13. Zachry Corp. that handles engineering, construction and maintenance of projects in heavy industries like power, energy and petrochemical plants. John and Linda Graham Last year: No. Yes, he said. 745 E Mulberry Ave Ste 475, San Antonio, TX 78212-3127. Last Year: No. Has the foundation engaged in any activities that have not previously been reported to the IRS? The pair explained how the uncertainty of theatrical attendance during the pandemic had forced their decision. 25. He cited Mexico as an example. Under Whitacre, Elliott Management wrote, the company had a clear strategic rationale for the assets it required. But under Stephenson? 21st Century Fox had made an unsuccessful offer, and Apple expressed some interest in an acquisition, before AT&T announced a deal in October 2016 at a price of $84.5 billion in cash and stock, plus agreeing to take on $23 billion in Time Warner debts. AT&T thought it would gain leverage in negotiating the fees charged by television networks to carry their content. 2 above), is married to Clint Worth of R.L. Ed Whitacre at his home in San Antonio Some board members weren't so crazy about the 90-day plan they thought we should let him go right then. And when the facts tell weve got to change because this industry is evaporating, this industry is winding down, whether or not he was the one who made the decision to launch the product, he is the first one in the organization to say that its got to change.. AT&T owed T-Mobile $3 billion for calling off the deal, as well as valuable spectrumthe limited range of radio frequencies over which wireless carriers are authorized to transmit. Last Year: 93. Francis and Catherine Burzik Last Year: No. $3,200,000 (Terrell Hills) Was there a liquidation, termination, dissolution, or substantial contraction during the year? Mr. Woods, has been the President of McCombs Enterprises, Inc. since 1979. Mr. Rochelle is a managing partner and executive vice president of RamRoc Construction Company as well as the chairman of the board of directors for Good Samaritan Community Services. Edward Earl Whitacre Jr. (born November 4, 1941) is the former Chairman and CEO of General Motors.He is also a former chairman of the board and chief executive officer of AT&T, previously Southwestern Bell Corporation (SBC). It had failed to attract the sort of industry buzz heaped on the rival Disney+ service that launched a short time before it and garnered 50 million subscribers in its first five months, compared with HBO Maxs 8.6 million. Voices of San Antonio: Ed Whitacre - YouTube San Antonio's Whitacre reported to be Trump's pick for - mySA Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? Mr. Barrett is CEO of Barrett Brothers Oil & Gas, Inc. 99. Paul Boskind On a corporate earnings call in late January, AT&T revealed that HBO Max had amassed 17 million active users (about a quarter of whom receive the service for free as an add-on to their phone plans). While current executives brush off the consequences of the failed merger, they acknowledge one result: I think it probably led us to the conclusion that we needed to look elsewhere for other opportunities for growth, says Stephens, the former CFO. 30. But a pattern had been set. The executives were so obsessed with mergers and financial issues, this employee said, that they really took their eye off the ball on execution, on delivering value to customers, shareholders, and employees. That, to me, is far away from our knitting, she says. 15 John and Jocelyn (Theard) Battles The marketing team, adept at assembling promos for prestige entertainments such as The Sopranos and Deadwood, cut together a clip to hype a new sort of attraction: a 55-year-old corporate executive with an MBA and more than thirty years of telecom experience. 41 Lets go run the numbers, he said. General Motors Co.'s upcoming stock offering will debut between $20 and $25 per share next month, GM Chairman Ed Whitacre Jr. predicted Wednesday in San Antonio. They painted a portrait of company leadership determined to build AT&T into a conglomerate with the influence (and market valuation) of Silicon Valley titans such as Facebook and Appleeven when that meant moving into arenas far outside its core business and expertise. 54 Stefan and Veronica Kiesz Its true that AT&T has long pushed into new territory, ahead of other telecoms, largely thanks to the daring spirit of a Texan, Ed Whitacre, who built the modern version of AT&T.
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