Sprint CEO Claure to Step Aside; Finance Chief Tapped to Fill Role

Sprint Corp.’s chief executive said he would step back from the wireless company’s day-to-day management to take a senior role at its Japanese parent company as he leads the carrier’s campaign for regulatory approval of a $26 billion merger with rival T-Mobile US Inc.

Marcelo Claure will become executive chairman of Sprint and chief operating officer of SoftBank Group Corp., its controlling shareholder. Sprint finance chief Michel Combes, who joined the company in January, will move into the CEO job.

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