AT&T Appoints John Adams as Vice President and Chief Financial Officer of AT&T Business Services

Strategic Insights -

AT&T has named John Adams, a seasoned finance executive with 15 years of experience at Electronic Data Systems (EDS), as the new vice president and chief financial officer of AT&T Business Services (ABS). Adams will be responsible for leading the financial strategy and operations of ABS, reporting directly to AT&T Chief Financial Officer Charles H. Noski. Adams brings a unique blend of finance, marketing, and operations expertise, having played a crucial role in EDS's spin-off from General Motors and implementing a business model that focuses on controls and centralized policies.

Key Takeaways:

  • John Adams, a 45-year-old executive with 15 years of experience at EDS, has been appointed vice president and chief financial officer of AT&T Business Services (ABS).
  • Adams has a strong finance and accounting background, having been corporate vice president and controller of EDS, and is credited with implementing a business model that prioritizes controls and centralized policies while facilitating decentralized operations.
  • Adams will report directly to AT&T Chief Financial Officer Charles H. Noski and will support Rick Roscitt, President of ABS, becoming a member of the ABS senior management team.
  • Adams succeeds Chris Carty, who will take on the role of Vice President - ABS Revenue Assurance Management.
  • Adams brings significant international experience, having worked with companies such as Unigate Plc, Arthur Young, and Peat Marwick in London and West Africa.
  • AT&T Corp. is a global leader in voice, video, and data communications, with annual revenues of over $62 billion and 160,000 employees.

Statistics:

  • AT&T Corp. has annual revenues of more than $62 billion.
  • The company has 160,000 employees worldwide.
  • John Adams has 15 years of experience in the finance and accounting field.
  • Adams is a qualified Member of the Institute of Chartered Accountants in the United Kingdom.
  • AT&T Business Services (ABS) is a major division of AT&T Corp., providing services to customers worldwide.

Sources:

  • BUSINESS WIRE, "AT&T Appoints John Adams as Vice President and Chief Financial Officer of AT&T Business Services" (Nov. 16, 2000)