T-Mobile USA Announces Appointment of New Chief Marketing Officer
Bellevue, Wash. — Nov. 16, 2012
Mike Sievert, new CMO at T-Mobile USA, Inc.
T-Mobile USA, Inc., today announced the appointment of Michael Sievert, a 20-year marketing veteran of the tech and telecom sectors, as the company's new chief marketing officer, effective Nov. 19.
"Mike is a unique creative genius, and his track record as a disruptive force in tech and telecom couldn't be better suited to our plans to redefine wireless as America's un-carrier," said John Legere, president and CEO of T-Mobile USA. "This is a critical and incredibly exciting time for T-Mobile as we race forward with our network modernization and LTE launch in 2013, ramp up investments in re-launching our brand, and begin to shake up the U.S. wireless market."
With Sievert's appointment, Andrew Sherrard — who has been serving as acting CMO since spring 2012 — will return to his position as senior vice president of marketing for T-Mobile's contract business. "I also want to personally thank Andrew for his leadership during this transition and for the extraordinary work he's done these past months in moving our brand and our company forward," Legere added.
In his 20 years with companies such as Clearwire, AT&T Wireless, Microsoft, IBM and Procter & Gamble, as well as innovative tech ventures, Sievert showed a flair for transformative change and for shaking up the status quo. At Clearwire, he helped lead that business to over 5x revenue growth and 10x+ customer growth in two short years. Before Clearwire, Sievert's outside-the-box creativity was on full display as co-founder and CEO of Switchbox Labs, a startup focused on pioneering technologies for Internet TV (and which he successfully sold to Lenovo). During his time as executive vice president and chief marketing officer at AT&T Wireless, where he spearheaded a series of groundbreaking and highly successful marketing campaigns, Sievert was twice named as one of the 25 most influential marketers in the U.S. by Advertising Age. He previously served as executive vice president, chief global marketing and sales officer, at E*Trade. Sievert has also served on the board of directors at Rogers Wireless, Switch and Data, and a number of venture-backed private companies over the years.
Most recently, Sievert served as CEO of Seattle-based Discovery Bay Games, a global leader in mobile and tablet gaming accessories. Sievert continues to be a significant shareholder and supporter of Discovery Bay Games.
The news of Sievert stepping in as the company's new chief marketing officer is the latest in a series of major T-Mobile announcements and activities in recent months following the appointment of John Legere as the company's new president and CEO, including the recent news of T-Mobile's proposed merger with MetroPCS, which would combine the two companies to create what Legere described as "the preeminent value leader in the wireless market."
This news release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this news release regarding the business outlook, expected performance and forward-looking guidance, as well as other statements that are not historical facts, are forward looking statements. The words "estimate", "project", "forecast", "intend", "expect", "believe", "target", "providing guidance" and similar expressions are intended to identify forward looking statements.
Forward-looking statements are estimates and projections reflecting management's judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. With respect to these forward-looking statements, management has made assumptions regarding, among other things, customer and network usage, customer growth and retention, pricing, operating costs, the timing of various events and the economic and regulatory environment.
About T-Mobile USA
Based in Bellevue, Wash., T-Mobile USA, Inc. is the U.S. wireless operation of Deutsche Telekom AG (OTCQX: DTEGY). By the end of the third quarter of 2012, approximately 131 million mobile customers were served by the mobile communication segments of the Deutsche Telekom group — 33.3 million by T-Mobile USA — all via a common technology platform based on GSM and UMTS and additionally HSPA+ 21/HSPA+ 42. T-Mobile USA's innovative wireless products and services help empower people to connect to those who matter most. Multiple independent research studies continue to rank T-Mobile USA among the highest in numerous regions throughout the U.S. in wireless customer care and call quality.
In order to provide comparability with the results of other US wireless carriers, all financial amounts are in US dollars and are based on accounting principles generally accepted in the United States ("GAAP"). T-Mobile USA results are included in the consolidated results of Deutsche Telekom, but differ from the information contained herein as, among other things, Deutsche Telekom reports financial results in Euros and in accordance with International Financial Reporting Standards (IFRS).
For more information, please visit http://www.T-Mobile.com. T-Mobile is a federally registered trademark of Deutsche Telekom AG. For further information on Deutsche Telekom, please visit www.telekom.de/investor-relations.
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