T-Mobile’s new CEO has been confirmed after Deutsche Telekom, the largest shareholder, pushed for changes in board members. COO Gopalan will take over as CEO, while outgoing leader Sievert becomes Vice Chairman of the company and board.
The shift comes during a time of significant transformation at T-Mobile. The company is refocusing on building fiber networks, strengthening its brand, and reducing brick-and-mortar stores in favor of using the T-Life app. This move has been met with resistance from staff.
Sievert’s new role will allow him to continue advising on strategy, innovation, and external relations while Gopalan takes the reins. This arrangement benefits both parties: Sievert gets to stay involved with the company without a central role, while T-Mobile gains his experience. However, this could also mean more stability for the stock price, which might impact the scope of changes at T-Mobile.
For customers, expect further changes in how T-Mobile operates as the new CEO navigates its transformation efforts.
Source: https://www.androidpolice.com/t-mobile-changes-ceo-sievert-to-gopalan