Three top executives at troubled telecom firm Sprint Nextel are leaving the company, Sprint said Thursday. The company announced the departure of Chief Financial Officer Paul Saleh, Chief Marketing Officer Tim Kelly and President of Sales Mark Angelino, who all will exit today.
The move is one in a series of measures by new CEO Dan Hesse to turn around the struggling company.
“We’ve been going through our overall strategy, and Dan is basically seeking out new talent,” Sprint spokeswoman Leigh Horner confirmed Thursday.
Stanford Group Co. analyst Michael Nelson said Thursday that Hesse is trying to send a message that “things are not going to be business as usual at Sprint.”
On Jan. 18, Sprint announced it would cut 4,000 jobs across the company, a total of 8 percent of its workforce.
The company also will close 125 of its 1,400 retail locations and 4,000 of its 20,000 third-party distribution points, such as stalls inside other consumer-electronics retailers.
The company still remains mum about whether it will move its headquarters from Reston.
Horner would not comment on the possibility Thursday, though The Wall Street Journal reported last week that it is being considered, citing anonymous sources.
The departing executives will be temporarily replaced while Hesse seeks new leaders. Willam Arendt, current senior vice president of Sprint, will serve as acting CFO.
John Garcia, another vice president, will be acting chief marketing officer. Paget Alves, a regional president for sales and distribution, will expand his portfolio to cover the whole company.
Bloomberg News contributed to this report.
