Deals
Sprint Said to Name Brightstar’s Claure as CEO to Replace Hesse
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Sprint Corp. plans to name Marcelo Claure, the founder of mobile-phone distributor Brightstar Corp., as its new chief executive officer, according to two people familiar with the matter.
The appointment of Claure, a board member at Sprint and the CEO of Brightstar, will be announced as soon as today, said the people, who asked not to be identified because the plans are private. Both companies are controlled by SoftBank Corp. Claure will replace Dan Hesse, 60, who has led the third-largest U.S. wireless carrier since December 2007.