T-Mobile CEO John Legere is stepping down in May 2020, the company announced on Monday morning.
His replacement is coming from within T-Mobile: Current COO and president Mike Sievert is taking the reins from Legere next May.
It’s not clear just yet where Legere is going, but as of November 11 he was reported to be in talks with WeWork about the possibility of taking over as longterm CEO of the embattled office-sharing company. Soon after, on November 15, CNBC reported Legere would not be taking the WeWork CEO job, citing sources familiar with the matter. The same report said he “has no plans to leave the company.”
In a call with investors on Monday, Legere threw cold water on the rumors.