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Sprint to Name Brightstar’s Marcelo Claure as CEO

Sprint plans to name Marcelo Claure, one of its board members and head of wireless distributor Brightstar, as its new CEO, replacing Daniel R. Hesse.

Japan’s SoftBank, which owns a controlling stake in Sprint, also acquired a majority stake in Brightstar last year. Claure, the founder of Brightstar, owns the remainder of the company, which controls billions of dollars in cellular gear purchases each year.

Claure joined Sprint’s board in January. In addition to his remaining stake in Brightstar, Claure also owns the Bolivian soccer team Bolivar.

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