AT&T Inc. (NYSE: T) appointed Fazal F. Merchant to its board of directors effective Monday, the company announced Wednesday. He will serve on the audit committee and the corporate development and finance committee.
Merchant most recently held the role of president and chief financial officer at Wiz Inc., a cloud and AI security company. Prior to that, he was co-chief executive officer, COO, and CFO at Tanium Inc. Earlier in his career, he held senior leadership positions at DreamWorks Animation and DIRECTV, including serving as CFO of DIRECTV Latin America where he oversaw major strategic transactions at both firms.
Merchant began his professional career at Ford Motor Company before moving into investment banking at Barclays Capital and the Royal Bank of Scotland. He later spent several years as a senior advisor to Sixth Street Partners. On current boards, he serves at Warner Bros. Discovery; he previously sat on the boards of Ariel Investments, Ryman Hospitality Properties Inc., and Meritor Inc.
He holds a bachelor of business administration from The University of Texas at Austin and an MBA from Indiana University.
"Fazal is a great addition to our board, bringing deep expertise across corporate development, finance and technology," AT&T Chairman and CEO John Stankey said in a statement. "Fazal's experience scaling high-growth businesses and helping companies navigate periods of transformation will be invaluable as we continue to evolve, invest for growth, and create long-term value for our shareholders."
AT&T provides services to more than 100 million U.S. consumers and nearly 2.5 million businesses.
