What you need to know
- T-Mobile today announced that Mike Sievert will succeed John Legere as T-Mobile CEO on May 1, 2020.
- John Legere will continue as the CEO of T-Mobile until the end of his contract on April 30, 2020.
- Legere will also remain a member of the board.
T-Mobile has announced that its current President and COO Mike Sievert will replace John Legere as the company's CEO on May 1, 2020. Legere will continue to serve as T-Mobile CEO until April 30, 2020, which is when his contract is set to come to an end.
‼️ I’ve got some important news! On May 1, I’ll be handing the magenta CEO reigns over to @SievertMike as my successor. This move has been under development for a long time and I couldn’t be more confident in the future of @TMobile under his leadership.— John Legere (@JohnLegere) November 18, 2019
Tim Höttges, Deutsche Telekom CEO, and Chairman of the Board of T-Mobile US said:
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.
Mike Sievert has worked with John Legere not just in the execution of the Un-carrier moves but also helped in the planning and integration of T-Mobile's merger with Sprint. Sievert has also been a member of the T-Mobile Board of Directors for almost 2 years.
John Legere, who took charge as T-Mobile CEO in 2012, has been instrumental in the carrier's transformation. In the months ahead, Legere says he will focus on ensuring a smooth leadership transition and completing the merger with Sprint.
While The Wall Street Journal had reported earlier this month that Legere was among the candidates to be the next WeWork CEO, a report published by the CNBC last week claimed that he isn't planning to take the job, citing people familiar with the matter.
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