Sprint Declares Marcelo Claure as New CEO
After abandoning its plans to acquire T-Mobile, Sprint has named Marcelo Claure as its new Chief Executive Officer. Claure is the founder and CEO of Brightstar, a subsidiary of SoftBank, which owns Sprint, and joined the Sprint board of directors last January. Claure has seen his fair share of success throughout his career, as Brightstar, a wireless distributor and provider of services to the wireless industry, grew into a global business worth $10.5 billion under his leadership. According to Sprint Chairman Masayoshi Son, “Marcelo is a successful entrepreneur who transformed a start-up into a global telecommunications company.”
Marcelo Claure will replace Dan Hesse, who became the president and CEO of Sprint in 2007 and was with the wireless carrier through a series of acquisitions, as president and CEO of Sprint starting August 11, 2014.