Sprint has appointed Michel Combes to the role of CEO, moving Marcelo Claure into a new position as executive chairman, in its first post-merger personnel announcement. In their new roles, Claure and Combes will collaborate on the continued execution of Sprint’s strategy as well as its planned combination with T-Mobile. Claure, who has served as CEO since 2014, will remain a part of the Sprint senior management team. The transition is expected to occur on or before May 31, 2018.
“Marcelo has done a remarkable job of turning around the Sprint brand and business, driving enhanced network performance, strong subscriber growth and significant cost reductions leading to the best financial results in Sprint’s history,” said Masayoshi Son, chairman and CEO of SoftBank Group Corp. “Marcelo has also positioned Sprint as a leader in the race to 5G, which promises to revolutionize the communications industry. He will continue to guide Sprint’s strategy and momentum as Executive Chairman through a successful closing with T-Mobile.”
In connection with these changes, Sprint has initiated a search for a new chief financial officer. The Company will consider internal and external candidates.
Separately, SoftBank Group Corp. today announced that Marcelo Claure will assume the role of chief operating officer of SoftBank Group and CEO at SoftBank Group International. Among his other duties, Claure will continue to oversee SoftBank’s investment in Sprint and the combined Sprint / T-Mobile company following the closing of the companies’ pending merger.