After reports broke out from the WSJ indicating that Sprint will no longer seek to purchase T-Mobile, a new report is circulating that suggests Sprint will also be getting rid of their own CEO as early as tomorrow. The report, courtesy of Bloomberg, cites an anonymous source close to the situation that confirms Sprint will be relieving Dan Hesse of his executive position.
Hesse has been at the helm for Sprint since 2007, and unfortunately has been unable to turn around the nation’s third largest wireless carrier. With increasing pressure from T-Mobile, this shake up could be considered a needed change up top more than anything else.
Bloomberg states the announcement from Sprint should be made tomorrow morning.
Re/code is reporting Sprint will name Marcelo Claure,a current board member and head of wireless distributor Brightstar, as its new CEO.
Softbank, the majority owner of Sprint, acquired a major stake in Brightstar in 2013.