Sprint Nextel taps Embarq's Dan Hesse as new CEO

With falling subscriber numbers and some difficult Xohm decisions to be made in the coming months, Sprint wanted a new man at the helm, and has picked Dan Hesse for the job. Dan's replacing Gary Forsee, who held the job since 2003 and was pegged for replacement since August. Hesse hails from Sprint spin-off Embarq, and served as CEO of AT&T Wireless from 1997 to 2000, back in the glory years of that service. Here's hoping that he doesn't axe the WiMAX, but it's clear something has got to change in Sprint land to turn things around.