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Former T-Mobile CEO John Legere abruptly resigns from the company's board, more than a month before his term was set to expire

Bani Sapra   

Former T-Mobile CEO John Legere abruptly resigns from the company's board, more than a month before his term was set to expire
Tech2 min read
  • Former T-Mobile CEO John Legere has resigned from the company's board of directors on Friday, according to an SEC report filed by T-Mobile.
  • The abrupt announcement will cut short the remainder of Legere's time in the company by more than a month, as Legere was set to continue as a member of the board until June 4.
  • T-Mobile's report said that Legere had specified that he was not resigning because of any conflicts with management or the board, but did not offer any reason as to the abrupt departure.
  • "It has been a privilege and honor to have led T-Mobile as CEO for the past seven and a half years and served on the Board of Directors. And although I will be leaving the Board just a few weeks earlier than planned, be assured that I remain T-Mobile's #1 fan!" Legere said in the announcement.
  • It's not clear what Legere's next move is after T-Mobile — back in November, the famously eccentric CEO was reportedly in talks to lead the embattled company WeWork, but Legere denied those reports once the news broke that he was leaving the company.
  • Visit Business Insider's homepage for more stories.

Former T-Mobile CEO John Legere resigned from the company's board of directors on Friday, T-Mobile announced in an SEC filing.

Legere, who stepped down as the company's CEO at the beginning of this month, had originally said he would stay on the company's board until June 4. Friday's announcement cut short his time by more than a month.

T-Mobile's filing said that Legere specified that he was not resigning because of any conflicts with management or the Board, but did not offer any reason as to the abrupt departure. It did include a short quote from Legere, who said that he remained "T-Mobile's #1 fan!"

"It has been a privilege and honor to have led T-Mobile as CEO for the past seven and a half years and served on the Board of Directors. And although I will be leaving the Board just a few weeks earlier than planned, be assured that I remain T-Mobile's #1 fan!" Legere said in the announcement.

It's not clear what Legere's next move is after T-Mobile — back in November, the famously eccentric CEO was reportedly in talks to lead the embattled company WeWork, but Legere denied those reports once the news broke that he was leaving the company.

Legere's departure marks the end of an era for the company. Under his leadership, T-Mobile's market cap has steadily increased over the past seven years. And at the beginning of this month, T-Mobile became significantly more valuable after its merger with Sprint, a move that orchestrated by Legere.

Read the original article on Business Insider

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