T-Mobile CEO John Legere to Step Down Next Year

T-Mobile CEO John Legere to Step Down Next Year

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T-Mobile has announced that CEO John Legere will step down next year and be replaced with Mike Sievert, current President, COO, and Board Director. Sievert will assume the role of President and CEO once Legere's contract ends on April 30, 2020. Legere will remain a member of the Board.

“John Legere has had an enormously successful run as CEO. As the architect of the Un-carrier strategy and the company’s complete transformation, John has put T-Mobile US in an incredibly strong position. I have the highest respect for his performance as a manager and as a friend, I am very grateful to him for the time together,” said Tim Höttges, Deutsche Telekom CEO, and Chairman of the Board of T-Mobile US. “John taught everyone at T-Mobile that if you listen to customers and empower employees, you can change a culture – and by doing so – change a company and an entire industry. On behalf of the Board of Directors, I would like to thank John, and of course Mike, and all the employees for everything they have achieved over the past seven years. We have tremendous respect for John’s leadership and appreciate his incredible contributions to T-Mobile’s success. The Board is pleased that John will support this leadership transition while focusing on closing our pending acquisition of Sprint.”

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With Legere’s involvement, the Board undertook a comprehensive, multi-year, leadership succession planning process tied to the strategic direction of T-Mobile and has chosen Sievert to step into the CEO role next Spring. Sievert has worked alongside Legere for the last seven years, transforming T-Mobile into the fastest growing wireless provider in the market and ultimately into the tremendously successful Un-carrier. As T-Mobile’s Chief Marketing Officer and then COO, Sievert led the design and execution of the 16 Un-carrier “moves” that have defined the company and established T-Mobile as the customer satisfaction leader and most-loved brand in the industry.

Today, in his current role as President and COO, Sievert leads a team of tens of thousands of customer-focused disruptors and innovators who are changing the rules of wireless every day. He leads all of T-Mobile’s marketing and product groups, and all retail, sales, and customer support groups for all of T-Mobile’s segments and brands, among other responsibilities. In addition, over the past two years he has worked closely with Legere on T-Mobile’s merger planning, integration, and regulatory approval initiatives, with the goal of creating the New T-Mobile by successfully closing the pending acquisition of Sprint. Sievert has also served as a member of the T-Mobile Board of Directors for nearly 2 years.
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“I hired Mike in 2012 and I have great confidence in him. I have mentored him as he took on increasingly broad responsibilities, and he is absolutely the right choice as T-Mobile’s next CEO,” said John Legere. “Mike is well prepared to lead T-Mobile into the future. He has a deep understanding of where T-Mobile has been and where it needs to go to remain the most innovative company in the industry. I am extremely proud of the culture and enthusiasm we have built around challenging the status quo and our ongoing commitment to putting customers first. Together, these attributes have distinguished T-Mobile in the marketplace and on Wall Street, giving us a powerful business advantage that is instilled throughout every level of T-Mobile. I am confident it will thrive under Mike’s leadership.”

“In the months ahead, my focus will be on ensuring a smooth leadership transition and continuing to work closely with the Board and Mike to complete the Sprint transaction,” added John Legere. “This merger will create the New T-Mobile – a company that is uniquely positioned to continue disrupting the wireless category – and beyond. This marks the beginning of a dynamic new chapter for T-Mobile.”

“I am very grateful to Tim and the Board for this exciting opportunity to lead T-Mobile into the future,” commented Mike Sievert. “I personally want to thank John for all he has done for me and for the T-Mobile brand, our customers, employees, partners, and investors. John is a one-of-a-kind, visionary leader who has redefined the role of CEO and demonstrated how to use it to create positive change for customers, employees, and investors alike. I have been fortunate to work together with him to build T-Mobile’s purpose-driven strategy to address customer pain points, an approach that has been the foundation for our unprecedented growth.”

“The Un-carrier culture, which all our employees live every day, will not change,” continued Mike Sievert. “T-Mobile is not just about one individual. Our company is built around an extraordinarily capable management team and thousands of talented, committed, and customer-obsessed employees. Going forward, my mission is to build on T-Mobile’s industry-leading reputation for empowering employees to deliver an outstanding customer experience and to position T-Mobile not only as the leading mobile carrier, but as one of the most admired companies in America.”

More details on T-Mobile's audio conference call for investors which can be heard at the link below.

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T-Mobile CEO John Legere to Step Down Next Year

joshwua915 - November 20, 2019 at 4:12pm
When I heard this and the merger of sprint I ended my contract with them. It’s gonna be horrible with him gone and having more data traffic usage with sprint people.
PaulieP - November 18, 2019 at 5:06pm
He made T-Mobile what it is. He is a great businessman. I hope he enjoys his next role or better yet, retirement. He deserves it for all the great work he’s done over the years.
gabe - November 18, 2019 at 4:47pm
Welp. So much for T-mobile. That dude was one of the only reasons customers loved T-mobile.
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