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Sprint looking for new CEO

Updated Dec 19th, 2018 5:53PM EST
BGR

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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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Josh Karp Distinguished Fellow

Josh Karp followed his love of technology since a kid through to the present day. As a Special Correspondent at BGR, and part of the first editorial team, Josh covers press conferences, trade shows and other events around the world. An expert in all things mobile, Josh has more than eighteen years of experience covering the wireless industry.