John Legere to Step Down as T-Mobile's Outspoken CEO
The merger with Sprint isn’t the only major change happening at T-Mobile. The third largest US wireless carrier announced that its trash talking, Twitter-famous CEO, John Legere would be stepping down from his position on April 30, 2020. T-Mobile’s current president and COO, Mike Sievert will fill the CEO role held by Legere for the past seven years.
As expected, Legere shared a message about the leadership change in the form of a Twitter thread:
‼️ I’ve got some important news! On May 1, I’ll be handing the magenta CEO reigns over to @SievertMike as my successor. This move has been under development for a long time and I couldn’t be more confident in the future of @TMobile under his leadership.
— John Legere (@JohnLegere) November 18, 2019
Legere said himself that the decision has been in the works for a while, and the public caught wind of it as well. It’s been rumored that Sievert would take over as CEO once T-Mobile’s merger with Sprint was finalized. With Legere’s contact being up in April and the merger slated for next year, the time for new leadership was written in the stars.
"I hired Mike in 2012 and I have great confidence in him. I have mentored him as he took on increasingly broad responsibilities, and he is absolutely the right choice as T-Mobile's next CEO," Legere said in a statement.
"Mike is well prepared to lead T-Mobile into the future. He has a deep understanding of where T-Mobile has been and where it needs to go to remain the most innovative company in the industry. I am extremely proud of the culture and enthusiasm we have built around challenging the status quo and our ongoing commitment to putting customers first."
By the time he enters into the CEO position, Sievert will have about eight years of T-Mobile experience under his belt. Sievert was initially hired as the carrier’s marketing chief in 2012, but two years later was promoted to chief operating officer and more recently, he was given the title of president.
Sievert’s first day will be May 1, 2020. In the meantime, Legere is committed to finishing what he started. In addition to ensuring a smooth transition out, he’ll also be focused on “getting the merger with Sprint done for America.” The outspoken CEO has made a number of power moves over the past seven years; he dropped two-year contracts, added perks like T-Mobile Tuesdays, and started the “Uncarrier” narrative—all of which led to T-Mobile beating out Sprint for the No.3 spot.
But Legere won’t be retiring nor will he be saying goodbye to T-Mobile completely. The magenta-wearing CEO will remain a part of T-Mobile’s board after he steps down. As far as next steps go, well, we got some information on what he won’t be doing. Legere shut down rumors that he’d be taking over as CEO of WeWork, and on top of that, his contract permits him from taking a job with any direct competitors, like AT&T or Verizon. But something tells me he won’t have a problem with that.