AT&T said on Friday that its executives will head its media and wireless businesses following the close of its $85.4 billion acquisition of Time Warner.
As of August 1, John Stankey, who currently leads DirecTV and other entertainment businesses for the No. 2 U.S. wireless carrier, will lead the team charged with Time Warner's integration before transitioning to chief executive of the media business once the merger is complete. John Donovan, currently chief strategy officer, has been named chief executive of AT&T Communications, which will include AT&T's wireless and DirecTV businesses.
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