T-Mobile CEO John Legere to step down on May 1

From CNET: T-Mobile CEO John Legere has announced that he will be stepping down from his role on May 1. Taking to Twitter Monday morning, the outspoken executive confirmed longstanding speculation that he would soon be leaving the post and that chief operating officer Mike Seivert would be taking his place as president and CEO.

Chief technology officer Neville Ray has also been promoted president of technology as part of the executive reshuffling.

"I hired Mike in 2012 and I have great confidence in him. I have mentored him as he took on increasingly broad responsibilities, and he is absolutely the right choice as T-Mobile's next CEO," said John Legere in a statement.

"Mike is well prepared to lead T-Mobile into the future. He has a deep understanding of where T-Mobile has been and where it needs to go to remain the most innovative company in the industry. I am extremely proud of the culture and enthusiasm we have built around challenging the status quo and our ongoing commitment to putting customers first."

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