A wave of CFO retirements is reshaping the Fortune 500—AT&T’s Pascal Desroches is the latest
AT&T's CFO, Pascal Desroches, is set to retire at the end of the year, marking a significant leadership transition for the Fortune 500 company. Jennifer Biry, a former AT&T executive with experience at McAfee, will succeed him. This change reflects a broader trend of CFO retirements across major corporations, with a notable increase in finance chiefs moving to board roles or retiring, according to Russell Reynolds Associates. AI