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.
Erik Prusch, Clearwire’s CFO, has been promoted to the newly created position of chief operating officer (COO). In this position, Prusch will be responsible for the company’s day-to-day operations, including wholesale and retail sales, marketing, customer service, supply chain, human resources, IT and network operations.
Hope Cochran, Clearwire’s senior vice president and treasurer, has been promoted to the position of CFO. Cochran will be responsible for all of the company’s financial and investor related functions, including overseeing Clearwire’s ongoing fundraising efforts.
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.