Good morning. AT&T’s Pascal Desroches has spent his career thinking of his professional life as a series of chapters, each shaped, he says, “by change, challenge, and the opportunity to help navigate moments that mattered.”
On Dec. 31, he’ll close the AT&T chapter, retiring as CFO after more than five years in the role and nearly four decades in finance. Jennifer Biry, a longtime AT&T finance executive and most recently CFO and COO of McAfee, was named deputy CFO in July and will succeed Desroches on Jan. 1, 2027. There has been a wave of CFO transitions at Fortune 500 companies this year.
