Sprint's Garcia Gone
12:35 PM -- The president of Sprint's CDMA business, John Garcia, resigned as of Friday, according to reports. So Sprint is not only losing customers and money, but top execs, too. (See Sprint Loses More Customers in Q3 and Sprint Posts $344M Loss for Q2.)
Garcia also filled in as acting chief marketing officer after CEO Dan Hesse early this year swept away several senior executives to build his own leadership team. The reason for Garcia's departure was not disclosed. (See Sprint Nextel's New Broom.)
His position will be temporarily taken over by Keith Cowan, president of strategy and corporate development and, now, acting president of the CDMA business unit.
— Michelle Donegan, European Editor, Unstrung