Joe Russo, former head of the real estate division at AT&T Co., Berkeley Heights, N.J., left to become a principal at real estate manager Westbrook Partners. Mr. Russo worked at AT&T for 20 years; he said he decided to take early retirement.
AT&T is in the final stages of completing a deal to outsource its entire $1.6 billion pension fund real estate portfolio to J.P. Morgan.
