C. Michael Armstrong
{{Short description|American business executive}}
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C Michael Armstrong (born October 18, 1938, in Detroit, Michigan) is an American business executive and former AT&T chairman and CEO. He was hired after Kenneth Lay turned down the job to continue managing Enron.{{Cite book |last=Eichenwald |first=Kurt |url=http://worldcat.org/oclc/973543262|title=Conspiracy of fools : a true story|date=2005|publisher=Broadway Books|isbn=0-7679-1179-2|oclc=973543262}} He tried to reestablish AT&T as an end-to-end carrier but, due to the dot-com bust and various other issues, he was forced to break the group up in 2001. He resigned in 2002 and was succeeded by AT&T President David Dorman.
He is also the former CEO of Hughes Electronics, and Comcast Corporation. He worked for IBM from 1961 to 1992. He served as a Director of Citigroup from 1989 to 2010. Armstrong is a member of the Alfalfa Club and the Council on Foreign Relations. He received his BS in business at Miami University in 1961.
In 2000 he was a board member of Citigroup and voted to oust former Citicorp CEO, John S. Reed, in favor of Sandy Weill who was co-CEO with Reed at the time. Influential analyst Jack Grubman wrote an upgraded favorable opinion of AT&T{{cite news|title=Citi board; Armstrong, Mulcahy out, Zedillo in|newspaper=Reuters |date=February 26, 2010 |url=https://www.reuters.com/article/idUSTRE61P45Z20100226}} which was a reversal of Grubman's opinion just prior to that time.{{citation needed|date=January 2013}}
References
External links
- [http://www.referenceforbusiness.com/biography/A-E/Armstrong-C-Michael-1938.html C Michael Armstrong Bio at Reference for Business]
- [https://web.archive.org/web/20010418005046/http://www.businessweek.com/2001/01_06/b3718151.htm ]
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Category:Miami University alumni
Category:Dartmouth College alumni missing graduation year
Category:Businesspeople from Detroit
Category:American chairpersons of corporations
Category:American technology chief executives
Category:American telecommunications industry businesspeople
Category:Tuck School of Business alumni
Category:20th-century American businesspeople
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