T-Mobile CEO John Legere is stepping down but says he's not headed to WeWork
John Legere is hanging up on T-Mobile.
Legere, who has been T-Mobile's CEO since 2012, will leave his position when his contract expires in April, he announced on a Monday conference call. Operating chief Mike Sievert will take the top spot, but Legere will remain on the board of directors at T-Mobile and help see the company through its acquisition of Sprint, the company said.
Since taking over the then-struggling mobile service provider seven years ago, Legere has led it to overtake Sprint as the third-largest cell service provider in the U.S. T-Mobile later bought Sprint for $26 billion, but still faces legal challenges as the merger takes shape. Beyond his business-leading prowess, Leger is also known for his colorful personality and Slow Cooker Sundays.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Legere's announcement comes after he was reported last week to be in talks to take over WeWork. The co-working space company had pushed out its eccentric CEO Adam Neumann with a multimillion-dollar exit deal, and were seemingly look to put another out-of-the-box leader in his spot. But Legere denied that, saying in the Monday call that he was "never having discussions to run WeWork" but still hinting he was looking to move to another company "that could use cultural transformation, leadership, and things similar to what we've demonstrated" at T-Mobile.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Why the UK phone signal is so poor
Under The Radar Having trouble connecting? A lack of investment, planning rules and even your home could be to blame
By Elizabeth Carr-Ellis, The Week UK Published
-
Battleground states to watch in the 2024 election
In Depth These seven states could end up deciding who wins the White House this year
By Justin Klawans, The Week US Published
-
Leave the crowds behind at these 7 sensational hotels
The Week Recommends Traveling in September means more room to explore
By Catherine Garcia, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published
-
Visa and Mastercard agree to lower swipe fees
Speed Read The companies will cap the fees they charge businesses when customers use their credit cards
By Peter Weber, The Week US Published
-
Reddit IPO values social media site at $6.4 billion
Speed Read The company makes its public debut on the New York Stock Exchange
By Peter Weber, The Week US Published
-
Housing costs: the root of US economic malaise?
speed read Many voters are troubled by the housing affordability crisis
By Peter Weber, The Week US Published
-
Feds cap credit card late fees at $8
speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
By Peter Weber, The Week US Published