David W. Dorman

AAA

DEFINITION of 'David W. Dorman'

A former president, CEO and chairman of AT&T. He entered the telecommunications industry in 1981 with Sprint, where he worked his way up to president. Dorman has also been CEO of Concert, PointCast and Pacific Bell. When SBC acquired Pacific Bell, he became executive vice president at SBC. He became president of AT&T in December 2000 and was its chairman and CEO from 2002 to 2006, leaving the company shortly after its merger with SBC.

INVESTOPEDIA EXPLAINS 'David W. Dorman'

Dorman was born in 1954 in Georgia and earned his bachelor of science degree with high honors from the Georgia Institute of Technology in 1975. While at AT&T, Dorman worked to modernize the company's infrastructure, sell its services as bundles, make it the largest internet provider, pay down its debt and increase its stock value. Dorman has also served on the board of directors for Yum! Brands, CVS Caremark and Motorola (as non-executive chairman).



RELATED TERMS
  1. Telecom Arbitrage

    An arbitrage strategy used by telecommunications companies that ...
  2. Carlos Slim

    A magnate of the Mexican telecommunications industry. Slim made ...
  3. Chairman

    An executive elected by a company's board of directors that is ...
  4. Corporate Action

    Any event that brings material change to a company and affects ...
  5. Corporation

    A legal entity that is separate and distinct from its owners. ...
  6. Fortune 500

    An annual list of the 500 largest companies in the United States ...
Related Articles
  1. What Is Private Equity?
    Investing Basics

    What Is Private Equity?

  2. Giants of Finance: Charles Dow
    Active Trading Fundamentals

    Giants of Finance: Charles Dow

  3. Management Strategies From A Top CEO
    Professionals

    Management Strategies From A Top CEO

  4. The Best CEOs Listen To The Street
    Active Trading

    The Best CEOs Listen To The Street

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center