Clearwire Exec Shuffle — Richardson Out?
Looks like Clearwire CEO Bill Morrow is continuing to fine-tune his executive team, with some new additions today and the exit of short-term CFO David Sachs and the apparent step-down of chief strategy officer Scott Richardson.
Though we don’t know either of the two execs named today, both Erik Prusch (the new CFO) and Teresa Elder (named “president of strategic partnerships and wholesale,” a new position) have previous CEO experience, showing that Clearwire’s potential is at the very least attracting top-level talent to the Kirkland, Wash., HQ of the national WiMAX provider.
Though we haven’t talked to anyone at Clearwire yet, we are wondering if Sachs (who just started as CFO earlier this year) was shown the door due to poor earnings call performances — he was noticeably shaky on the most recent conference call. But Richardson’s exit from his post as chief strategy officer is a bit of a surprise, since the company seemed to be grooming him earlier this year for a more-visible role. More as we hear more!
UPDATE, 4 pm PST: Just heard from the aforementioned Mr. Richardson, and he says the departure is his idea — more details in a follow-up post later tonight.
