Earlier today, I was interviewed Pat Bolland on the Business News Network. The TV interview focused on the problems facing CitiGroup's CEO, Chuck Prince, the recent ouster of Sprint's CEO, Gary Forsee and the accounting-related scandal that resulted in the recent resignation of Alex Lidow, CEO of International Rectifier.
If you wish to view the interview click here or go to BNN and scroll down to today's interview which took place around 10:05 AM EST.
For more on Forsee's Exit from Sprint see:
Kansas City Star
Showing posts with label Gary D. Forsee. Show all posts
Showing posts with label Gary D. Forsee. Show all posts
Monday, October 22, 2007
Thursday, October 4, 2007
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:
For more:
Information Week
Bloomberg Update1
International Herald Tribune
CNN Money
Deal Journal (suggested possibilities)
... 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)
Wednesday, June 27, 2007
Sprint Nextel Hires Strategic Planner To Help Direct Ship
Sprint Nextel S (NYSE), the current weak sister of the major wireless c
arriers, today announced the hiring of Keith Cowan to serve as president, strategic planning and corporate initiatives. The hiring comes as pressure continues to grow on Sprint's top management. Cowan's appointment is a recognition by the company that it needs to get new blood and ideas into its strategic planning process. Management hopes it can find ways to get shareholders in a better frame of mind on the company's future. Cowan appears to be a good pick. He has had extensive experience previously working for BellSouth for over ten years where at one time he was in charge of planning and most recently, was executive vice president for Genuine Parts, an automotive supplier.
Sprint's CEO,Gary D. Forsee said,
arriers, today announced the hiring of Keith Cowan to serve as president, strategic planning and corporate initiatives. The hiring comes as pressure continues to grow on Sprint's top management. Cowan's appointment is a recognition by the company that it needs to get new blood and ideas into its strategic planning process. Management hopes it can find ways to get shareholders in a better frame of mind on the company's future. Cowan appears to be a good pick. He has had extensive experience previously working for BellSouth for over ten years where at one time he was in charge of planning and most recently, was executive vice president for Genuine Parts, an automotive supplier.Sprint's CEO,Gary D. Forsee said,
"Keith is a results-oriented individual and will be a strong addition to the Sprint Nextel leadership team,...He has a track record of performance in communications and technology that will be a tremendous asset to our company as we continue to seek ways to unlock shareholder value."Keep a close eye on Sprint Nextel's strategic plans going forward.
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