Sprint Names Marcelo Claure as New President and CEO

Sprint has announced Marcelo Claure as new President and CEO, effective August 11. Reports first surfaced yesterday indicating that Sprint would replace CEO Dan Hesse as it abandons its plans to acquire T-Mobile.

As President and CEO, Claure’s first priority will be to continue the build out of Sprint’s network by leveraging its strong spectrum holdings as well as ensuring that Sprint always maintains truly competitive offers in the marketplace.

“Marcelo is a successful entrepreneur who transformed a start-up into a global telecommunications company. He has the management experience, passion and drive to create the strongest network and offer the best products and services in the wireless industry,” said Sprint Chairman Masayoshi Son. “While we continue to believe industry consolidation will enhance competitiveness and benefit customers, our focus moving forward will be on making Sprint the most successful carrier.”

“I’ve had the unique opportunity to spend the past few months actively engaging with Sprint’s Board, management team and front-line employees,” said Claure. “I am honored to have the opportunity to now lead the Sprint team as we mobilize to become the wireless carrier of choice in the U.S. In the short-term, we will focus on becoming extremely cost efficient and competing aggressively in the marketplace. While consolidating makes sense in the long-term, for now, we will focus on growing and repositioning Sprint.”

Claure will replace Dan Hesse, who joined Sprint as President and CEO back in December of 2007.

T-Mobile CEO John Legere poked fun at the new CEO on Twitter: "Looks like Sprint has a new #framily member… and he’s got a lot of framily therapy to do, asap. #justsayin?"

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