Sprint Sweeps Out Execs
As part of its planned layoffs and ongoing attempts to revive the business, Sprint's new CEO Dan Hesse has let go three executives. CFO Paul Saleh, who acted as a temporary CEO during Sprint's search for a permanent replacement for former CEO Gary Forsee, was among those let go. Also leaving Sprint is chief marketing officer Tim Kelly and Mark Angelino, president of Sprint's sales and distribution unit. Hesse named temporary replacements for all three.
Sprint Shuffles Execs, Names New CFO
Sprint today made changes to its top executives and named a new chief financial officer. Sprint appointed Tarek Robbiati to the CFO position, where he replaces Joseph Euteneuer, who will leave the company.
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.
Sprint Pushing for Quicker Small Cell Site Approvals
Sprint has asked the FCC to help speed up the process for approving sites for small cells. Sprint CEO Marcelo Claure and SVP of Government Affairs Vonya McCann met with FCC Commissioner Ajit Pai last week to discuss the subject.
Claure-Appointed Exec to Depart Sprint
Bob Johnson, Sprint's Chief Experience Officer, will leave the company by the end of April. Johnson was in an early batch of new hires made by CEO Marcelo Claure shortly after he took over the struggling carrier in 2014.
SoftBank to Trim Thousands of Jobs at Sprint
Masayoshi Son, CEO of SoftBank, said the company plans to eliminate thousands of jobs at Sprint in order to reduce costs and aid in the company's turn-around plans. Son made the comments while discussing SoftBank's financial performance, which was impacted negatively by Sprint.
Still dreading my stockholder report from cvg.
However, as the saying when in Logan. "Money drives the train." This makes some of my future planning a little easier as far employment, but I have this nasty sinking feeling my old 401k is about to take a nose dive. However no regrets. I was wondering when this was going to happen.
that 401k could use a refresher.
I used to have sprint long ago and for many moons.
I think the change is great and has been a long time coming.
The wireless industry in general could use a reputation boost.
This needs to be done!
I am hopeful for new change. The old guys were just make you crazy with some of the policy decisions. Now Hopefully the new changes will bring Sprint back around aga...
What about wimax?