USHCC Congratulates Marcelo Claure, New CEO of Sprint

  USHCC Congratulates Marcelo Claure, New CEO of Sprint

Business Wire

WASHINGTON -- August 6, 2014

The United States Hispanic Chamber of Commerce (USHCC) congratulates Marcelo
Claure,founder of Brightstar - the world's leading wireless distributor and
services provider,on his appointment as the new President & CEO of Sprint
Corporation, effective August 11, 2014.Brightstar is a longstanding partner
of the USHCC and the largest Hispanic-owned business in the history of the
United States.

Claure, a Bolivian immigrant, began 20 years ago renovating and selling used
cell phones. Today, Brightstar is a $10.2 billion company with operations
across the globe, delivering products and services to customers in more than
125 countries on six continents.

“The USHCC is proud to see its very own Marcelo Claure, an iconic American
business leader who has revolutionized the telecommunications industry, make
history as the new President & CEO of Sprint – the first Hispanic executive to
lead a top-three telecom giant,” said USHCC President & CEO Javier Palomarez.
“Marcelo understands the truly global nature of this industry, and recognizes
that 95% of the market exists outside the United States. We applaud Chairman
Masayoshi Son for strategically choosing Marcelo, whose global perspective is
reflective of this rapidly changing marketplace. We look forward to supporting
Marcelo in his new role.”

In 2011, the USHCC honored Claure with the "Hispanic Businessman of the Year
Award," recognizing his visionary leadership as one of the most admired
business executives in the nation.He is also the recipient of the Ernst &
Young Entrepreneur of the Year Award and a lifetime member of EY’s
Entrepreneur of the Year Hall of Fame.

Claure began serving on Sprint’s board of directors in January of this year.
Since his appointment to the board, Claure has been actively involved in the
company’s leadership team, helping guide its growth strategy. Today, Sprint is
a global telecommunications company that offers wireless and internet
services, including broadband to over 54 million customers worldwide.

“After demonstrating his exceptional business acumen and leadership on the
Sprint board of directors, there is no better choice than Marcelo as the next
CEO of the company,” said USHCC Chairman Marc Rodriguez. “Having led
Brightstar through periods of monumental expansion as the largest Hispanic
firm in American history, we are confident Marcelo will bring the same level
of vision, expertise, and innovation to Sprint.”

About the USHCC

Founded in 1979, the USHCC actively promotes the economic growth and
development of our nation's entrepreneurs. The USHCC advocates on behalf of
nearly 3.2 million Hispanic-owned businesses, that together contribute in
excess of $468 billion to the American economy, each year. As the leading
organization of its kind, the USHCC serves as an umbrella to more than 200
local chambers and business associations across the nation, and partners with
more than 220 major corporations.

For more information, visit
Follow us on Twitter @USHCC


United States Hispanic Chamber of Commerce
Ammar Campa-Najjar
Associate Director of Communications
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