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AT&T names Jennifer Biry as CFO starting in 2027 as Pascal Desroches plans retirement
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 16, 8:40 PM EDT

AT&T names Jennifer Biry as CFO starting in 2027 as Pascal Desroches plans retirement

The telecom carrier said Pascal Desroches will step down as chief financial officer at the end of 2026 and that Jennifer Biry will succeed him in 2027. The move shifts oversight of AT&T’s finance organization to a veteran executive whose most recent CFO role was at McAfee.

By The Apex Times Newsroom2 min readAI-assisted Apex article

AT&T said it will change top finance leadership next year, naming Jennifer Biry as its chief financial officer-designate with an expected start in 2027. The company also said Pascal Desroches plans to retire at the end of 2026 after serving as CFO.

AT&T’s announcement frames the transition as planned succession rather than an immediate change. Desroches is scheduled to leave the CFO role at year-end 2026, and Biry is set to take over the role the following year.

Biry’s background highlighted in the announcement includes prior service as CFO of McAfee, a cybersecurity company. AT&T did not provide additional detail in the cited market report about her responsibilities at McAfee or other prior roles.

AT&T’s CFO position is central to the company’s capital planning and financial reporting, particularly for a telecom operator that funds network build-outs and ongoing technology upgrades. The CFO also plays a key role in setting and explaining financial targets and managing liquidity across debt and other obligations.

The leadership shift comes as telecom companies continue to balance heavy infrastructure spending with competitive pricing and service demands. For AT&T specifically, finance leadership typically intersects with spectrum-related investments, network modernization, and broader cost control efforts, though the market report did not enumerate any specific initiatives tied to the succession.

AT&T did not disclose in the published post additional terms of the transition, including whether Desroches will remain with the company in a consulting or advisory capacity after retirement. The announcement also did not specify whether Biry’s appointment requires formal approval steps or how the company intends to manage the handoff of ongoing finance projects during 2026.

Beyond the headline timeline and Biry’s prior CFO experience, the report did not describe any changes to AT&T’s finance organization, such as new hires, reporting structure updates, or changes to guidance policy. Investors typically look for those details, but they were not included in the market coverage cited here.

For what to watch next, AT&T may provide further information closer to the effective date, including any updates on executive responsibilities during the 2026 transition period and any commentary on how the company plans to fund its network priorities under new finance leadership.

Why It Matters

  • CFO succession can affect how companies manage capital allocation, especially in telecom where large investments and debt financing are ongoing.
  • A new CFO may influence how AT&T communicates financial performance and priorities to investors.
  • Leadership continuity into 2026 gives AT&T time to manage the handoff, but details about the transition process were not provided in the cited report.
  • The choice of a CFO with cybersecurity-sector experience may be relevant to how AT&T emphasizes security and related spending, though the report did not make that connection.

Sources

Key Facts

  • AT&T said Pascal Desroches will retire as CFO at the end of 2026.
  • AT&T said Jennifer Biry will succeed Desroches as CFO, with an expected start in 2027.
  • The announcement identifies Biry as a former CFO of McAfee.
  • The reported change is presented as a planned leadership transition, not an immediate replacement.

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AT&T names Jennifer Biry as CFO starting in 2027 as Pascal Desroches plans retirement | The Apex Times