Sprint Names Gary Forsee as its new CEO

Gary D. Forsee was named CEO of Sprint, replacing Bill Esrey, who will continue in his role as Sprint’s chairman during a transition period. Forsee previously served as vice chairman of BellSouth Corporation where he had responsibility for the company’s domestic operations. Before that, Forsee spent 10 years with Sprint, holding leadership positions in the company’s long-distance and PCS operations, and one year with Global One, a joint venture of Sprint, Deutsche Telekom and France Telecom, where he served as president and CEO. His appointment as CEO of Sprint was challenged in court by BellSouth as a violation of his previous employment contract. Judge William Webster, who served as the arbitrator in a suit brought by BellSouth and Cingular against Forsee, issued conditions that Forsee is to follow to protect BellSouth’s and Cingular’s confidential information. Sprint agreed to the conditions.
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