**Editor’s Note: Which is America’s top wireless network? Click here to see what we discovered.**
Don’t be fooled by those magenta-colored t-shirts. T-Mobile CEO John Legere can afford some pretty nice duds.
New stats from the Securities and Exchange Commission reveal that Legere earned $29.2 million in 2013, significantly more than his counterpart at rival AT&T – Randall Stephenson – who took home $23.2 million, according to Bloomberg. Comparatively speaking, Verizon CEO Lowell McAdam is living in the poorhouse, raking in just $15.8 million.
Dan Hesse, Sprint’s CEO, put all of them to shame, bringing in $49.1 million last year. About half of that was in stock. Sprint has struggled to keep subscribers who have been jumping ship, but the company remains hopeful it will right that ship now that SoftBank of Japan owns about three-quarters of "New Sprint," which has a pretty nice cash reserve.
Legere’s wages include a salary of $1.25 million and stock awards totaling $22.5 million. The unorthodox boss of America’s fourth-largest wireless operator has spent the better part of the last year railing against his bigger competitors, AT&T and Verizon, whether it’s via press release or in social media – Twitter, in particular.
On Thursday, Legere chided Verizon for slowed postpaid growth in 2014’s first quarter.
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"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC