Randall Stephenson , Chairman and CEO of AT&T, was named Chairman of Business Roundtable (BRT), effective Jan. 1, 2014. BRT is an association of 211 chief executive officers (CEOs) of leading U.S. companies with the priorities of enacting comprehensive tax reform, strengthening and modernizing Social Security and Medicare, implementing smart energy policy, bolstering the nation’s education system, and continuing to open markets to U.S. exports. Jim McNerney , current Chairman of the Board, President and CEO of The Boeing Company, said, “Randall Stephenson is an outstanding business leader who has worked tirelessly to promote growth and innovation in the private sector, and he fully understands what it will take for the United States to sustain its leadership in the global marketplace. As Vice Chair of BRT’s Health and Retirement Committee, he helped guide our recommendations on Social Security and Medicare reforms that would maintain a dependable safety net for future generations and address America’s long-term fiscal challenge. As chairman, he will have the full support of BRT members.” He added, "It has been an honor to serve as the Roundtable Chairman and to help set an agenda for American economic growth alongside some of the nation’s top business leaders. Our efforts have helped to advance pro-growth policies in areas such as trade and smart regulation, but considerable work remains to be done in Washington, D.C., to unleash America’s true potential for growth and job creation.” Randall Stephenson said, “We’re entering a crucial time where we have tremendous opportunities to improve our nation’s economy for the long haul. America’s leading companies have a critical role to play, working in collaboration with the Administration, Congress, our colleagues in small business, and many other stakeholders. I’m excited about what can be accomplished if we all work together to get our economy moving again. In particular, we will be encouraging policies to incent increased capital investment in the U.S. economy, which is vital to deliver sustainable job creation and long-term prosperity for all Americans. I join my colleagues in expressing my sincere thanks to Jim McNerney for the great leadership he has provided this organization. Jim has set a very high standard. I’m honored to follow him and have this chance to serve." Watch the videos at " Corporations 101 ." What did you learn about how corporations work and the value they provide to the U.S. economy?