Sprint on Wednesday announced it has selected Marcelo Claure as the new President and CEO, replacing Dan Hesse. Claure, who was a member of the Sprint board of directors is Founder and CEO of Brighstar Corp. He will resign from his post on August 11 whereupon SoftBank will acquire his remain company shares.
Hesse, who oversaw the acquisitions of Clearwire and by SoftBank, is optimistic about the future of Sprint.
“I’m proud of the resilience of Sprint’s people during a difficult transformation…It’s been an honor to have led such dedicated teammates for more than six-and-a-half years. Marcelo has been a great addition to Sprint’s Board and his entrepreneurial background, business savvy, industry experience and strong relationship with Masayoshi Son make Marcelo an excellent choice to lead Sprint going forward.”