WiMAX service provider Clearwire has announced changes to the company’s executive leadership team.
WiMAX service provider Clearwire has announced changes to the company’s executive leadership team. John Stanton, chairman of Clearwire’s board of directors and former CEO of Western Wireless and VoiceStream Wireless, has been named CEO of Clearwire on an interim basis, effective immediately. Stanton will continue to serve in his role as board chairman.
Stanton replaces Bill Morrow who has resigned as CEO and as a director of the board, citing personal reasons. Morrow will continue to serve as an advisor to the company during the transition period. The company has appointed a search committee, chaired by board member Dennis Hersch, to lead the hiring process for a new CEO.
“I would like to commend Bill for his tremendous leadership in building the first U.S. 4G network, adding more than 5 million subscribers, and raising funds in a challenging economic environment,” said John Stanton.
As part of today’s announcement, Erik Prusch, Clearwire’s CFO, has been promoted to the newly created position of chief operating officer (COO).
The company also announced that Mike Sievert, chief commercial officer, and Kevin Hart, CIO, are both leaving the company to pursue other opportunities. Both Sievert and Hart will remain with the company for a transition period.
Today’s changes in executive leadership are not expected to impact the company’s progress on an agreement with Sprint to resolve wholesale pricing disputes, company said in press release. Clearwire believes that an agreement with Sprint is imminent.