The Worst CEOs in the Telecom Industry
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Gary Forsee
The Worst CEOs in the Telecom Industry
Unlike Ebbers, Nacchio and Dunn, Gary Forsee is not a fraud, he is just a mislead soul who believed companies are more powerful than their customers. Once considered among the best managers, his tenure as the CEO of Sprint Nextel Corporation did not end that well. Under his leadership the company seemed to care less about its customers. In 2007 the company decided to dump about 1000 of its customers because it felt they complained 'too much', apparently the decision was not so well received by the general public and its customers alike. There was a wide cry and in the 3rd quarter of 2007 witnessed its customers leaving in bulk, it lost about 337,000 customers in this time frame. This was a wakeup call to the board, who realized the blunder Forsee made and how its aftershocks are shaking the core of the company. They took charge and let him go.

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