Anyone out there interested in taking over a beleaguered cell phone company? We didn’t think so, but it never hurts to ask. Sprint-Nextel is apparently looking to bring on a new CEO in an effort to turn the company’s sinking profit margins around. The new executive would replace Gary D. Forsee as CEO. Forsee has held that position since 2005, and was instrumental in negotiating the company’s merger with Nextel. Despite the success of the merger, Sprint has seen plummeting profits, announcing yet another loss for the second quarter of this year. The company’s board of directors is looking to replace Forsee by December of this year, which seems like a rather expedited search process for the chief of a massive company. Then again, we’re of the opinion that this change couldn’t come too soon.

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