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Investing.com -- The CEO of T-Mobile U.S., a profitable and rapidly expanding subsidiary of Germany’s Deutsche Telekom (OTC:DTEGY), is expected to leave his position before the end of his current contract, according to a report by the German newspaper Handelsblatt.
Mike Sievert, who has been the head of the mobile operator since 2020, is planning to take a break. Handelsblatt also reported that Srini Gopalan, the current Chief Operating Officer and former head of Deutsche Telekom’s Germany business, is a front-runner to replace him.
The newspaper further mentioned that the CEO’s departure could occur either this year or the next. The exact timeline for Sievert’s departure and Gopalan’s potential appointment has not been specified yet.
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