Digital Trends
Last week, Sprint announced it was cutting 4,000 jobs and shuttering 125 retail outlets; this week, it is announcing the departure of CFO Paul Salah and two other top execs as the company tries to find a way to reverse recent revenue shortfalls and subscriber losses.
CFO Paul Saleh will leave the company effective tomorrow, January 25; joining him on the way out the door will be chief marketing officer Tim Kelly and president of sales and distribution Mark Angelino.
U.S. telecommunications operator Sprint has found itself a new chief executive in Dan Hesse, CEO of Sprint spin-off Embarq. The move comes a little over a month after Sprint parted company with CEO Gary Gorsee, following several quarters of dropping subscriber figures, operational issues, and a series of risky moves towards building out a nationwide WiMax wireless network dubbed “Xohm.”
“Dan Hesse is the right person to lead our company,” said Sprint board member Irvine O. Hockaday, Jr., in a statement. “He is a proven leader with deep wireless experience as a chief executive and an established track record of generating strong operating performance. He has the board’s full support to take decisive actions necessary to improve our performance.”
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