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Born on Oct. 18, 1938 in Detroit, MI |
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-The oldest of 3 sons |
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IBM |
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– Began as a systems engineer, then later
became Chairman and Senior Vice-President of IBM World trade |
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- He wanted to gain the position of CEO |
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- When he saw that he had a minimial
chance of gaining it, he jumped ship. |
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Hughes Electronics – Satellite technology |
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- Hired due to military budget cuts that
left the company to find other means of profit |
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- Immediately cut 25 percent of the
workforce |
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- New focus on consumer applications |
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-DirecTV – Satellite and information service
to rival cable television service. |
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- Huge Success. |
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- Under Armstrong’s Tenure stock prices rose
from $27 a share to $67 a share |
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AT&T |
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- Offered the CEO position in 1996 |
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-Passed because the current CEO refused
to retire Promptly |
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- Reconsidered in 1997 and accepted. |
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- First order of business was to take this
once- monopoly and regain it’s reputation as the leading corporation
in their market |
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“AT&T is at the center of the world’s most
exciting, fastest growing, fastest changing industry – communication.” |
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C. Michael Armstrong |
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Knows how to turn a company around from
struggling to succeeding. |
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Knows what the customer wants and how to give it
to them. |
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Sees the future of Media and communication and
isn’t afraid to be the first to take ahold of it. |
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Johns Hopkins University Trustee |
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Yale School of Management advisory board |
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Presidents Export Council Chairman |
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Council on Foreign Relations Member |
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National Security Telecommunications Advisory
Committee |
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Defense Policy Advisory Committee on Trade |
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Travelers Corporation Board of Directors |
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Citigroup Board of Directors |
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Thyssen-Bornemisza Group Supervisory Board |
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Announced late Fall 2000 that AT&T would be
breaking up into 4 separate companies: |
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- AT&T Broadband |
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- AT&T Wireless |
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- AT&T Long Distance |
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- AT&T Business Services |
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Armstrong wants to head up AT&T Broadband. |
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Notes