AT&T Legal Chief’s Total Compensation Nearly Doubled in 2020
“AT&T Inc.’s top lawyer David McAtee made nearly double the compensation in 2020 he did the previous year, due to an equity award infusion,” reports Ruiqi Chen in Bloomberg Law’s Business & Practice.
“McAtee made over $18.6 million in 2020 as the Dallas-based telecom giant’s general counsel and senior executive vice president, compared to $9.4 million in 2019, according to a Thursday SEC filing.”
“The increase comes from a ‘career retention grant’ in the form of an additional $9 million in stock awards over what he received in 2019, on top of his base salary of $1.3 million. The grant does not vest until 2030.”
