SoftBank Group Appoints Marcelo Claure as COO; Michel Combes to Take Over as CEO of Sprint

SoftBank Group Appoints Marcelo Claure as COO; Michel Combes to Take Over as CEO of Sprint Marcelo Claure(left) and Michel Combes (right) Image Credit: Sprint

SoftBank Group announced the appointment of Marcelo Claure as COO of SoftBank Group and CEO of SoftBank Group International.

In his new management role at SoftBank, Claure will work closely with Masayoshi Son and Rajeev Misra in managing the operations of SoftBank’s increasingly global portfolio of companies.

Claure will be responsible for ensuring that all group companies and investments are meeting the financial and operating objectives, as well as managing group synergies and transformations. In addition, he will be responsible for leading global government affairs. He will also be responsible for SoftBank’s ongoing investment in Sprint and the combined Sprint / T-Mobile company.

Sprint, one of SoftBank’s largest portfolio companies, also announced that Claure will become Executive Chairman, which is expected to occur on or before May 31, 2018. In his new role at Sprint, Claure will work closely with Michel Combes, who will take over as CEO, to guide Sprint’s strategy and its planned combination with T-Mobile until the closing of the proposed merger. 

Marcelo Claure is currently CEO of Sprint, a member of the Board of Directors of SoftBank Group Corp, a member of the Board of Directors of Arm, and Chairman of CTIA – The Wireless Association. 

Masayoshi Son, Chairman and CEO, Softbank Group
Marcelo has done a remarkable job in turning around Sprint, which in fiscal year 2017 delivered the best financials in the Company’s history, and has positioned the Company as the true leader in the race to 5G, and he has fulfilled my original vision of combining Sprint with T-Mobile...

Marcelo Claure, Incoming COO, Softbank Group
I look forward to continuing to work with the Sprint Board and management team on our turnaround and planned integration with T-Mobile. Both SoftBank and Sprint are fully committed to delivering American consumers the world’s best and fastest 5G network and together with T-Mobile we intend to fulfill that vision.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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