Dan Hesse former Embarq, AT&T exec to lead Sprint

It appears that Wall Street has gotten their wish with a new CEO for Sprint coming from the old school fixed line and legacy wireless business.

Sprint has announced that they’ve selected Daniel Hesse as president and chief executive officer of the company, effective immediately. Hesse was formerly the CEO of Embarq Communications. Before Embarq was spun off from Sprint, Hesse was CEO of Sprint’s Local Telecommunications Division for one year. Before that, he spent 23 years at AT&T. (from Broadband Reports)

It will be interesting to see if Hesse gets behind the Wimax business or of he focuses on improving the cell phone business. Conventional wisdom says he could do both, but that’s not what we are hearing from Wall Street. We send our congratulations Mr Hesse, and wish him the best of success in his new assignment.