Sprint Nextel lets three executives go

Sprint Nextel let go three of its top executives as the company continues its restructuring efforts to boost its poor financial condition. Gone are Chief Financial Officer Paul Selah, Chief Marketing Officer Tim Kelley and Mark Angelino, president of sales and distribution.

New CEO Dan Hesse said the positions will be filled internally on a temporary basis. William Arendt will serve as CFO, John Garcia is taking on the CMO position and Paget Alves will serve as president of sales and distribution.

"Permanent leaders will be named in conjunction with a review of overall strategy and an effort to streamline operations," Hesse said. "I have no predetermined time frame in filling these positions but plan to act quickly as possible as I consider both internal and external candidates."

For more about Sprint Nextel's moves:
- read this article from E-Commerce Times

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