Donovan will step down from the phone giant, effective Oct. 1, with his replacement still to be named.
The company has yet to identify a replacement for Donovan, but said it would do so "soon" as AT&T-owned WarnerMedia is increasingly focused on building out a direct-to-consumer streaming business to battle Netflix, Apple and Amazon.
His departure follows Ma Bell acquiring Time Warner to form WarnerMedia and launch streaming offerings and drive growth from its shrinking traditional satellite TV business. With its recent merger, AT&T took control of Time Warner and its collection of media assets including HBO, Warner Bros., CNN and the Turner networks.
"JD is a terrific leader and a tech visionary who helped drive AT&T’s leadership in connecting customers, from our 5G, fiber and FirstNet buildouts, to new products and platforms, to setting the global standard for software-defined networks,” said Randall Stephenson, AT&T’s chairman and CEO in a statement.
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