Power Point: No bonus for me!

February 3, 2009, 1:59 AM UTC

“I felt it was the right thing to do. We are a company that expects the highest performance and accountability, and that starts at the top.”

– AT&T CEO Randall L. Stephenson, in a memo to employees about forgoing his 2008 bonus. Here’s a boss who (unlike the Wall Street honchos) didn’t have to give it up. In fact, Stephenson’s decision distinguishes him as a very different kind of leader than Ed Whitacre, his predecessor. Click here for more on that from my Fortune colleague, Stephanie Mehta.