By Dean Seal
T-Mobile US has hired a new chief operating officer from Deutsche Telekom, the company's largest shareholder.
The cell phone carrier said Monday that Srinivasan Gopalan will take over the role March 1 and lead the company's technology initiatives and go-to-market operations for both its consumer and business groups.
Gopalan most recently served as managing director of Telekom Deutschland, a German telecommunications company owned by Deutsche Telekom, which in turn owns more than 50% of T-Mobile US.
The new operations chief will be paid a base salary of $1 million a year and is entitled to at least $2 million in short-term cash incentives based on performance goals, said T-Mobile. He is also eligible for a one-time $2 million sign-on payment, the company added.
Gopalan will report directly to Chief Executive Mike Sievert, who had served as COO until he succeeded CEO John Legere in 2020.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 27, 2025 09:18 ET (14:18 GMT)
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