T-Mobile US Inc (NASDAQ:TMUS) stock slipped 1% in premarket trading after the company revealed that Chief Executive Officer Mike Sievert will step down.
The carrier said Srini Gopalan has been appointed as the next CEO, tasked with guiding the group into its “next era of growth and digital-first transformation.”
Sievert will remain with the company as Vice Chairman and serve in an advisory role, focusing on strategy, innovation, talent development, and external relations.
The shift comes out of what T-Mobile called a “well-established succession planning process” involving Sievert and the board of directors. Under his leadership, the company recorded unprecedented growth, with T-Mobile describing him as “the most value-creating CEO in global telecom history.”
Looking ahead, the company said Gopalan will carry forward its “Un-carrier” approach — emphasizing customer-focused services, expanding its presence in wireless and broadband, and sustaining what it brands as “America’s best network with the best value.”
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