John Legere has formally minimize ties with T-Cellular US, the corporate he led as CEO for over seven years. After steering T-Cellular via a dramatic turnaround that culminated in its profitable merger with former rival Dash, Legere stepped down and Mike Sievert was appointed T-Cellular’s new chief govt earlier this month. At the moment, Legere had mentioned he would stay on T-Cellular’s board of administrators till June 4th.
However that’s not the case anymore. In an 8K filing with the SEC today, T-Cellular revealed that Legere is leaving the board “efficient instantly to pursue different choices.”
“Mr. Legere famous that he was not resigning due to any disagreement with administration or the board on any matter,” T-Cellular mentioned in its observe, which additionally contained a quote from Legere addressed to the corporate and its staff:
In his discover to the corporate, Mr. Legere acknowledged “It has been a privilege and honor to have led T-Cellular as CEO for the previous seven and a half years and served on the Board of Administrators. And though I shall be leaving the Board only a few weeks sooner than deliberate, be assured that I stay T-Cellular’s #1 fan!”
No matter Legere has deliberate subsequent, apparently it couldn’t wait one other month and alter. Throughout his time as T-Cellular CEO, Legere stood out from different executives for his outspoken character and brazen, typically vulgar trash discuss directed at opponents like Verizon and AT&T. He branded T-Cellular because the “uncarrier” and led the corporate via a metamorphosis that concerned shifting away from two-year contracts, backed telephone pricing, and different enterprise practices that had turn out to be establishment for the cell business. A lot of these modifications have been later adopted by T-Cellular’s rivals.
Legere has supplied few clues about the place he’ll go subsequent, although he did refute studies in November that he’d been in discussions to hitch WeWork.
Let the hypothesis start.