Published: Mon, November 18, 2019
Electronics | By Kelly Massey

Mobile CEO John Legere will step down

Mobile CEO John Legere will step down

After stepping down as Chief Executive Officer at the end of his contract on April 30, 2020, John Legere will remain a member of the T-Mobile Board of Directors, with Mike Sievert beginning his reign as President and CEO the very next day. If you have followed the successful run of T-Mobile, thanks to several big industry-swinging moves, you've probably seen Sievert. He will remain a member of the board, the company said. While the charismatic current CEO of the nation's third-largest wireless service provider and the architect of the "Un-carrier" strategy is reportedly not in contention for the top job at WeWork after all, it's been confirmed earlier today that T-Mo will get a new skipper on May 1, 2020. Sievert is now president and COO of T-Mobile, and his new title will be president and CEO. CNBC reported on Friday that that was not going to happen.

Legere's biggest legacies at T-Mobile stand to be growing the company into a robust and scrappy third competitor in the US wireless market as well as the company's $26 billion merger with Sprint.

T-Mobile, in an SEC filing, said that the appointment of Sievert, 50, came after a "multiyear, comprehensive leadership succession planning process".

Though the T-Mobile-Sprint deal has now been blessed by both the Justice Dept. and Federal Communications Commission, a number of states' attorneys general have sued to block the merger, with a trial set to begin December 9.

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"This is all part of a multi-year plan and until April 30, I'll continue as CEO, focusing on a smooth transition and getting our merger with Sprint done for America".

Prior to joining T-Mobile in 2012, Legere worked for companies including Global Crossing, Dell Computer and AT&T.

Ongoing talks with WeWork could also represent a conflict, given that Legere is seeking to renegotiate with SoftBank the $26 billion merger of T-Mobile and Sprint Corp.

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