CEO Watch - Gary Forsee Sprint Nextel

Sprint Nextel remains mum on speculation that its Chairman and CEO, Gary Forsee may be on the chopping block. Forsee has been under the gun for sometime now as Sprint has continued to lag behind its main competitors. With Sprint's recent crap shoot on Wimax technology more and more shareholders (activists in particular) are expressing their growing concerns. The Wall Street Journal on its website Thursday afternoon:

... quoted unidentified people familiar with the situation, that Sprint Nextel's board had begun quietly talking to industry leaders for a successor and hoped to announce a selection by early December.

The real question remains, who could Sprint-Nextel come up with that could do a better job. If you have any ideas, let us know.

For more:

Information Week
Bloomberg Update1
International Herald Tribune
CNN Money
Deal Journal (suggested possibilities)