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Gary Forsee, Sprint Nextel’s president and CEO, will add another title at year-end: chairman.
Executive Chairman Tim Donahue, former head of Nextel, is set to retire at the end of December. The company’s board of directors on Tuesday announced that Forsee would take over as chairman.
After Sprint and Nextel merged last year, Donahue became chairman of the joint company. Forsee had been chairman and CEO at Sprint since May 2003.
Forsee presumably will be busy since taking on the COO’s responsibilities in August, when Len Lauer departed unceremoniously after Sprint posted poor quarterly financial results.
According to the Wall Street Journal, Qualcomm just announced it hired Lauer as a group president “overseeing Qualcomm’s wireless business services, government technologies and its mobile television divisions.”
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