AT&T Inc. Chief Executive Randall Stephenson received $28.7 million in compensation in 2017, which the company said Monday was 366 times the salary of the average AT&T worker. Companies this year are reporting their CEO pay in relation to the compensation of a median worker for the first time as a result of a 2015 rule mandated by the Dodd-Frank act. AT&T reported Monday that its median employee had average compensation of $78,437 in 2017; AT&T excluded nearly 13,000 of its roughly 33,000 overseas workers from the sample used to determine media compensation. Stephenson’s total compensation was largely in-line with his 2016 total of $28.4 million, and includes $1.8 million in base salary, $16.7 million in stock awards, $5.1 million in incentive-plan compensation, $3.4 million in deferred salary and $1.5 million in other compensation. Stephenson has been CEO of AT&T since 2007, and the company’s stock has declined 5.4% in that time, while the Dow Jones Industrial Average has increased 91.9% in that time.
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