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John Legere To Step Down As T-Mobile CEO Next Year (cnbc.com) 9

T-Mobile President and COO Mike Sievert will succeed John Legere as CEO on May 1, 2020, the company announced Monday. CNBC reports: Sievert has been the heir apparent as Legere was expected to step down as CEO once T-Mobile's merger with Sprint is completed. Legere's contract ends on April 30, 2020, according to the announcement. Leger tweeted Monday that the decision "has been under development for a long time." When T-Mobile and Sprint first announced their intention to merge in April 2018, the companies said Legere would lead the combined business as CEO, with Sievert continuing to serve as President and COO.

Legere's next move is still not known. CNBC and The Wall Street Journal reported last week that WeWork had spoken to him about taking over as CEO following Adam Neumann's ouster. But CNBC later reported that Legere is not taking the job, according to people familiar with the matter. On a conference call Monday, Legere denied that he was ever in talks to be the WeWork CEO.

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John Legere To Step Down As T-Mobile CEO Next Year

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  • I don't know why the news bothers to print the "Official Version" of these types of things. They are almost never the truth, and when they are, it is a coincidence. The fact that John said he wasn't in talks with WeWork means noting.

    John Legere would be a fool to join WeWork. He may feel that turning around this dumpster fire may establish his legacy, but another "eccentric" CEO is seriously the last thing WeWork needs.

    They are likely doomed as soon as we have a real downturn. Their only chance is to slash

    • WeWork's major stock holder is SoftBank so it would be more likely Marcelo Claure (the guy that turned Sprint around) that would be the turn around guy. Dutch Telecom is more than likely the big hitter to steer John Legere into the next CEO job.

  • This Sievert guy is radioactive.....
  • I've seen him on Twitter off and on, he's a pretty great spokesman for the product.

    The next guy seems pretty good but more a Tim Cook to Legere's Jobs as it were. This one tweet [twitter.com] says it all in one picture.

    Maybe that's what T-Mobile needs to really do well post merger, I'll be happy as long as they keep up the same philosophy (which so far it seems is the plan).

    • I'll be happy as long as they keep up the same philosophy

      Dazzle people with coupons for free pizzas, so they don't realize they're being overcharged* for sub-par service? Or, how they advertise "no contracts" but pull your credit and have you sign... a contract... to finance a phone?

      Don't get me wrong, the other wireless companies are just as bad, but T-Mobile successfully duped a lot of people into believing their shit didn't stink, because it was "un-carrier" shit.

      * You can get T-Mobile service through a MVNO like Mint for way less than T-Mobile charges, or ev

  • John Legere fostered an impressive team at T-Mobile. From under-dog to disruptors they helped pressure telecom industry. John lived T-Mobile and if you were going to vote with your wallets at least the T-Mobile team offered an alternative. Thanks T-Mobile! The failed merger break up fee from AT&T helped. Conveniently also diverted anti-trust away from the big 2.
  • The main reason I was ok with the Sprint-T-Mobile merger was John Legere. He turned T-Mobile into such a disruptive force that merging the two companies would give him more capital and resources to expand and be even more disruptive in the field.

    Hopefully, with Legere gone they still keep this disruptive streak, You need a CEO that is willing to take risks and fight off Inverstor issues to move a company forward. Especially in the #3 position. I'm not sure if Sievert is that kind of CEO. I hope so though,

  • Legere will be fondly remembered in tech history as a CEO who actually listened to and understood his customers, and delivered what they always wanted. Unlimited data for a flat rate and a fair price. His simple and straightforward way turned the industry on it's ear, and with it, changed the marketplace forever. John, there's plenty of room for a guy like you to do the same in Canada. Are you up for it?

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