SoftBank Taps Sprint CEO as Operating Chief After T-Mobile Deal
- Promotion to parent company reward for salvaging sinking ship
- Sprint ‘has turned around and stabilized,’ Claure says
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Japan’s SoftBank Group Corp. named Marcelo Claure chief operating officer, elevating Sprint Corp.’s top executive into a broader role after he negotiated a merger between the U.S. wireless operator and T-Mobile US Inc.
As part of the transition, Claure, 47, will become executive chairman at Sprint and cede the CEO post to Michel Combes, currently the chief financial officer. In his new roles, Claure will continue to work on the Sprint/T-Mobile combination, which still faces a challenging regulatory review in Washington before it can close.