Sievert will succeed current CEO John Legere who’s contract comes to an end 30 April 2020. Sievert will assume the new title of president and CEO, having been promoted from chief operating officer and a board director, while Legere will remain a member of the board.
“John Legere has had an enormously successful run as CEO. As the architect of the Un-carrier strategy and the company’s complete transformation, John has put T-Mobile US in an incredibly strong position,” said Tim Höttges, CEO of Deutsche Telekom and chairman of the board of T-Mobile US. “On behalf of the board of directors, I would like to thank John, and of course Mike, and all the employees for everything they have achieved over the past seven years. The board is pleased that John will support this leadership transition while focusing on closing our pending acquisition of Sprint.”
Legere selected Sievert as his successor having worked with him for the last seven years as Chief Marketing Officer and then COO, leading the design and execution of the 16 Un-carrier “moves” that has taken T-Mobile to where it is today.
“I hired Mike in 2012 and I have great confidence in him. I have mentored him as he took on increasingly broad responsibilities, and he is absolutely the right choice as T-Mobile’s next CEO,” said Legere. “Mike is well prepared to lead T-Mobile into the future. He has a deep understanding of where T-Mobile has been and where it needs to go to remain the most innovative company in the industry. I am confident it will thrive under Mike’s leadership.”
According to the Legere, is the near term his focus will be on the completion of the Sprint merger in what he describes as a “dynamic new chapter for T-Mobile”. The $26 billion deal has faced its share of setbacks and was finally greenlit by the Federal Communications Commission at the start of this month.
“In the months ahead, my focus will be on ensuring a smooth leadership transition and continuing to work closely with the Board and Mike to complete the Sprint transaction,” added Legere.