Major Shake-Up at Sprint; CMO Resigns Along With Other Executives

Date: 01-28-2008

Three top-level executives at Sprint Nextel Corp. resigned last week. Tim Kelly, chief marketing officer, Mark Angelino, president of Sprint’s sales and distribution unit, and Paul Saleh, chief financial officer, have left the company. The reason for their leaving has not been disclosed. In a press release, Dan Hesse, president and CEO of Sprint Nextel thanked the three for their “dedication and contributions” to the company and wished them all the best in future endeavors. Sprint Nextel is seeking permanent leaders to replace these executives, while their duties are temporarily being handled by existing executives. William Arendt, senior vice president and controller at Sprint Nextel, will be acting chief financial officer; John Garcia, senior vice president of product development and management, will be acting chief marketing officer; and Paget Alves, regional president for sales and distribution, will be acting president of sales and distribution. All three will report to Hesse.

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