AT&T Names Glenn Lurie as CEO of Wireless Unit
AT&T today made some changes in its executive ranks and has replaced Ralph de la Vega as the CEO of AT&T Mobility. Taking de la Vega's place is Glenn Lurie, a longtime AT&T vet who was instrumental in bringing the Apple iPhone to AT&T back in 2007. Lurie most recently oversaw AT&T's connect home business. He will head the entire wireless group moving forward, but AT&T also indicated it is merging its wireless and enterprise solutions groups. The new, merged business unit will be managed by de la Vega. His new title is CEO Mobile & Business Solutions. The executive changes are effective immediately. AT&T Mobility's change of CEO follows closely that of Sprint's, which replaced Dan Hesse with Marcelo Claure.
Verizon Wireless CEO Dan Mead to Retire
Dan Mead, who has served as the CEO of Verizon Wireless since 2010, plans to retire according to filings the company made with the Securities and Exchange Commission. Mead will remain on the board of directors and serve as executive vice president and president of strategic initiatives.
LG Names New CEO, Mobile Biz Head Stays Put
LG today promoted Jo Seong-jin, the head of its Home Appliance & Air Solutions business, to CEO of the entire company effective immediately. Jo will be responsible for all of LG Electronics' business units, which include mobile communications, home entertainment and vehicle components, and home appliances.
Sprint Hangs Up on Dan Hesse, Names New CEO
Sprint today announced it has named Marcelo Claure as President and CEO of the company, who replaces Dan Hesse. Claure already served on Sprint's board of directors, and is the Founder and CEO of Brightstar Corp.
AT&T CEO Believes Phone Subsidies Will Eventually Vanish
Phone subsidies and two-year contracts are on their way out the door, according to Ralph de la Vega, AT&T's CEO of mobile and business solutions. "I think it is one of those options that is going to go away slowly," said de la Vega to Recode, "not because we insist on it but because customers will choose it less often." AT&T has made changes recently to limit the availability of subsidies and contracts.