Sprint has just announced that Dan Hesse will become Sprint’s CEO and President. He will replace Gary Forsee, who resigned last month from both positions.
Dan Hesse is not a new name in the wireless industry, or inside Sprint. His previous title was CEO of Embarq, Sprint’s local service off-shoot. Before that, he was known for leading the former AT&T Wireless, back in the days in which it was the largest wireless provider in the nation. This was previous to AT&T Wireless’s downfall, and its ultimate purchase by Cingular Wireless.
Further, to reduce concerns from the Forsee-era (where Gary Forsee fired nearly every perceived/potential replacement for him in the company), James Hance will assume the non-executive Chairman position. Hance led the board of director’s search for Forsee’s replacement. This move will attempt to provide transparency, by providing the chairman position with a leader not directly connected to either executive or board leadership.