Did Forsee foresee the Plank?
Sprint Nextel board has sent Forsee to the planks. I do not know much about him but I liked Sprint as a mobile service aout of all the wireless services, Verizon (Least liked), AT&T (Current with Sprint) and T-Mobile (Used for a short period). Whatever the board thinks, Company was better under him and I hope it continues to provide the same service if not better! Following is an excerpt from TheStreet.com; "Forsee had served as the company's chairman, president and chief executive, and a committee of the Sprint Nextel board has been formed to conduct a search for a new chief. James Hance Jr., a member of the board, will take on the role of acting nonexecutive chairman, the company said Monday afternoon. Paul Saleh, Sprint Nextel's chief financial officer, will be interim CEO until a permanent replacement for Forsee is named. Forsee's departure doesn't appear to have been solely his choice, and indeed Sprint Nextel director Irvine Hockaday said in a press release that the decision to seek another CEO was based on the board's belief that the time was right "to put in place new leadership to move the company forward in improving its performance and realizing corporate objectives.""
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