"Sprint, reeling from news reports that it is searching for a new CEO, plans to announce that its chairman and CEO, Gary Forsee, is stepping down, according to people familiar with the board's plans.The question remains can a new management turn things around quickly enough? This specific issue was briefly covered by Monica Alleven in today's Wireless Week in Review.
Sprint, which could announce Forsee's departure as early as Monday, plans to appoint an interim successor until a permanent replacement can be found, these same sources said. They declined to be identified by name or affiliation because no official announcement has been made by Sprint."
Stay tuned as Sprint navigates into new and unsettling waters.
WSJ Deal Journal