Edward Whitacre Jr.
Edward Whitacre Jr.

Celebrity Profile

Name: Edward Whitacre Jr.
Occupation: CEO
Gender: Male
Birth Day: November 4, 1941
Age: 79
Birth Place: Ennis, United States
Zodiac Sign: Sagittarius

Social Accounts

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Weight: in kg - N/A
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Edward Whitacre Jr.

Edward Whitacre Jr. was born on November 4, 1941 in Ennis, United States (79 years old). Edward Whitacre Jr. is a CEO, zodiac sign: Sagittarius. Find out Edward Whitacre Jr.net worth 2020, salary 2020 detail bellow.

Net Worth

Net Worth 2020

Undisclosed

Salary 2020

Not known

Biography Timeline

1963

He began his career with Southwestern Bell in 1963 as a facility engineer.

1988

In October 1988, Whitacre became president and chief operating officer of a regional bell operating company, Southwestern Bell Corporation. Two years later, Whitacre became chairman of the board and chief executive officer. In 1995, Southwestern Bell Corporation changed its name to SBC Communications. Whitacre led SBC through a series of mergers and acquisitions in building the largest provider of both local long distance telephone services and wireless service (through its Cingular division) in the United States. These acquisitions included Pacific Telesis (1997), SNET (1998), Comcast Cellular (1999), Ameritech (1999) and AT&T Corporation (2005), from which the post-merger company took its name, as well as the 2006 acquisition of Bell South.

1997

In 1997, Whitacre received the Golden Plate Award of the American Academy of Achievement. His Golden Plate was presented by Awards Council member Carlos Slim.

2004

In 2004, he was awarded an honorary doctorate degree by the University of the Incarnate Word.

2006

On June 23, 2006, he and the CEO of BellSouth were brought in under the Senate Antitrust Subcommittee following the AT&T-BellSouth merger. Whitacre was questioned regarding possible customer information leaks to the NSA in the interest of national security. There had been allegations by former AT&T technician Mark Klein that such work had been done in Room 641A of the San Francisco offices.

Whitacre's compensation totaled $61 million in 2006, $17 million in 2005, and about $14 million in 2004.

In 2006, Whitacre famously declared that companies like Google, Yahoo! or Vonage should not be able to “use the pipes for free.”

2007

On April 27, 2007, at the AT&T annual stockholders meeting, Whitacre announced his intent to retire as chief executive officer and chairman of the board, effective June 3. The board of directors elected Randall Stephenson to succeed Whitacre as new CEO and chairman. Whitacre retired on June 4, 2007, with Randall Stephenson taking over the following morning. Upon retirement, Whitacre was eligible for a $158 million payout from AT&T. Following retirement, under his employment contract, Whitacre was entitled to receive some continuing benefits, including automobile use, access to AT&T's corporate aircraft for up to ten hours per month, use of AT&T office facilities and support staff, home security, and club memberships, as well as payment of applicable taxes resulting from these benefits, except for use of the aircraft. In addition, Whitacre has a three-year consulting contract with AT&T for which he is paid about $1 million annually. It has been reported that during his tenure at AT&T, Whitacre offered Randall Stephenson three words of advice via text message when the executive change was announced: "Give 'em hell".

2008

In May 2008, Whitacre was elected to the board of directors for ExxonMobil.

On November 12, 2008, Texas Tech announced that its college of engineering will be renamed the Edward E. Whitacre Jr. College of Engineering. In 2007, AT&T created an award called the "Whitacre Award" to honor the former chairman.

2009

On June 9, 2009, General Motors named Whitacre as chairman. He took the position when the automaker emerged from bankruptcy proceedings on July 10, 2009. On December 1, 2009, Whitacre became interim CEO following Fritz Henderson's resignation. Since taking the helms, he has been dubbed the GM Reaper by many in blogs, noted for his strong desire to "kill off" brands and projects, such as Saab and a sub-Volt Toyota Prius competitor planned for Chevrolet. In January 2010, chairman Whitacre was appointed permanent CEO after serving in the post in an interim capacity. On September 1, 2010 he relinquished the CEO position to Daniel Akerson but agreed to continue on as GM Chairman to the end of the year.

Whitacre was inducted into the Junior Achievement U.S. Business Hall of Fame in 2009.

2010

In 2010, Whitacre was named as a finalist for Texan of the Year.

2014

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.

Family Members

# Name Relationship Net Worth Salary Age Occupation
#1 Jessica Thorne Children N/A N/A N/A

🎂 Upcoming Birthday

Currently, Edward Whitacre Jr. is 79 years, 7 months and 9 days old. Edward Whitacre Jr. will celebrate 80th birthday on a Thursday 4th of November 2021. Below we countdown to Edward Whitacre Jr. upcoming birthday.

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