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Sprint CEO Dan Hesse on shaky ground

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Wednesday, 14 March 2012

Sprint CEO Dan Hesse on shaky ground



According to The Wall Street Journal Sprint CEO Dan Hesse is on shaky ground with the company's board of directors. Earlier this year the board ended up voting down the acquisition of MetroPCS and the board is now taking a more active role in the decisions Sprint makes as a company. "You don't see this sort of knifing when an exec is secure in his job," said The Wall Street Journal.  Over the past five years Sprint has been in the red, and investors have serious concerns if the No. 3 company can compete with rivals AT&T and Verizon Wireless.


 
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