Bloomberg Law
March 12, 2020, 9:45 AM

AT&T Legal Chief’s Total Compensation Drops Nearly 30%

Brian Baxter
Brian Baxter
Reporter

The top in-house lawyer at AT&T Inc. saw his total compensation dip 27.2% last year, one in which the company successfully beat back challenges to its $85 billion acquisition of Time Warner Inc.

AT&T disclosed in its 2019 proxy statement filed Wednesday that senior executive vice president and general counsel David McAtee II earned more than $9.35 million last year, down from the $12.85 million he earned the year prior. The decrease, however, is misleading.

McAtee’s total compensation for 2018 was inflated by a $5 million bonus he received for being part of an executive leadership team at the Dallas-based ...

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