Colorful T-Mobile CEO leaving, even as Sprint deal not done

Tech News

FILE – In this Nov. 7, 2019, file photo, T-Mobile President Mike Sievert answers caller questions during a press conference in New York. T-Mobile says Mike Sievert will become CEO in May, following the end of John Legere’s contract. The company said Monday, Nov. 18, 2019, that the move is part of its succession plan. Legere will remain with the company as a board member. (Brian Ach/AP Images for T-Mobile, File)

T-Mobile said Monday its colorful CEO John Legere is stepping down next year, even as the wireless company’s long-running effort to merge with rival Sprint remains unfinished.

Its current president and chief operating officer, Mike Sievert, will become CEO in May after Legere’s contract ends.

T-Mobile is trying to combine with Sprint in a $26.5 billion deal. Federal regulators have approved the deal, but attorneys general of 15 states and the District of Columbia aim to block it, saying it will raise prices for consumers. A trial is to start in December.

Legere will remain with the Bellevue, Washington-company as a board member. Sievert has worked at T-Mobile since 2012 and has been a board member for nearly two years.

The company said Monday that the move is part of its succession plan.

Legere joined T-Mobile as its CEO in 2012 and, unlike most telecom executives, has an active social-media presence where he regularly disparages his wireless rivals and promotes T-Mobile as a consumer-friendly wireless company.

“I’m not going anywhere soon. This is all part of a multiyear plan,” he wrote on Twitter, where he has 6.5 million followers.

On a call with investors, Legere pushed back against reports that he had been in discussions to be CEO of the troubled office-space company WeWork.

“I was never having discussions to run WeWork,” he said Monday.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CBS47 On Your Side

Do you have a problem that you need help solving? Contact CBS47 and let us be On Your Side.

Phone: 559-761-0383

Don’t Miss

Best of the Valley
Sunday Morning Matters
MedWatch Today
Hispanic Heritage
Bulldog Insider: The Podcast
The Valley's Armenia
Pros Who Know

Images from Armenia

Small patients in Armenia
Yerevan by night.
Dr. Jeff Thomas delivers.
Dr. Jeff Thomas delivers in Gyumri.
Doctors unpack medical supplies from The Central Valley.
Fresno Medical Mission at work.
Medical Supplies being unloaded.
Fresno Medical Mission at the ready.
KSEE24 crew witnesses the miracle of life in Gyumri, Armenia.
Life saving work of Central Valley surgeons in Armenia.
Ribbon cutting on new surgical center in Ashtarak Armenia. Fresno donors made this dream come true.
KSEE24 on assignment with the Fresno Medical Mission
Honorary Consulate to Armenia Berj Apkarian explains the crisis facing one hospital.
KSEE24's Stefani Booroojian and Kevin Mahan at the meeting with President Bako Sahakyan.
Medical Meeting in Artsakh.
The President of Artsakh meets with the Fresno Medical Mission.
Learning modern medicine techniques with the Fresno Medical Mission in surgery.
Leaning in for a look. Dr. Brien Tonkinson holds class and helps a patient in Armenia.
Fresno Medical Mission cares on one of the smallest patients in the region. Six-year old Yanna receives life-changing better breathing surgery.