David W. Dorman

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.

BREAKING DOWN '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. Alston D. Correll

    A former CEO and chairman of Atlanta-based paper and building ...
  2. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & ...
  3. C. Michael Armstrong

    A former CEO and chairman of AT&T from 1997 until he resigned ...
  4. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  5. Chairman

    An executive elected by a company's board of directors that is ...
  6. Baby Bells

    A common nickname given to the U.S. regional telephone companies ...
Related Articles
  1. Insights

    The Top 4 AT&T Shareholders (T)

    Discover the four highest-ranked direct holders of AT&T, and how all of them have worked their way through the ranks to get to where they are in 2016.
  2. Managing Wealth

    America's Top CEOs and Their College Degrees

    You might expect all of America's top CEOs to have a business degree from an Ivy League school, but they hail from a variety of academic backgrounds.
  3. Markets

    A Closer Look at AT&T

    AT&T has come a long way since 1885. We look at its strategic direction, challenges and recent performance.
  4. Insights

    If You Had Invested Right After AT&T's IPO (T)

    Analyze how AT&T stock has performed after the company's 1984 IPO, and learn how you would have fared had you been an early investor.
  5. Markets

    The 5 Highest Paid Executives in the Utilities Sector (D, POM)

    Learn who the top five executives are in the utilities sector and find out who is the highest paid executive of them all and their respective companies.
  6. Markets

    What are the Federal Reserve Chairman's responsibilities?

    Learn about the duties and responsibilities of the chairman of the Federal Reserve Board, including testifying before Congress and as chair of the FOMC.
  7. Professionals

    The 5 Highest Paid Executives in the Consumers Sectors (LBTYA, CBS)

    Discover who the highest-paid executives in the consumer sectors are and how they reached their positions of power and influence.
  8. Managing Wealth

    Warren Buffett's Portfolio: 4 Reasons for AT&T (T)

    Discover why Warren Buffett has a $2 billion position of AT&T in his Berkshire Hathaway portfolio.
  9. Insights

    The Top 3 Boeing Shareholders (BA)

    Learn about the largest shareholders of stock in The Boeing Company, including individuals, institutional investors and mutual fund holders.
  10. Markets

    AT&T Revenue Boosted By DirecTV, Misses Estimates (T)

    While the Street will focus on the near-term hiccups, causing the earnings and revenue miss, AT&T appears on sound footing to deliver long-term value.
RELATED FAQS
  1. What is a baby bell?

    In 1982, AT&T agreed to settle the Justice Department's anti-trust action by breaking itself into seven Regional Bell ... Read Answer >>
  2. Why is the 1982 AT&T breakup considered one of the most successful spinoffs in history?

    AT&T had a history reaching back to 1885 and, as a government-supported monopoly, was a highly profitable company. Colloquially ... Read Answer >>
  3. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  4. What is the history behind the opening and closing bells on the NYSE?

    Similar to the school bells that most of us heard during our school days, the New York Stock Exchange's (NYSE) opening and ... Read Answer >>
  5. How is the Chairman of the Securities and Exchange Commission (SEC) chosen?

    Learn how the Chairman of the Securities and Exchange Commission is chosen, from presidential appointment to Senate confirmation. Read Answer >>
  6. What does "after the bell" mean?

    "After the bell" is financial slang for activity occurring after the close of the stock market, including after-hours trading, ... Read Answer >>
Hot Definitions
  1. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  2. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  3. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  4. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  5. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
  6. Russell 3000 Index

    A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of ...
Trading Center