T-Mobile US Inc. (NASDAQ:TMUS) is one of the most undervalued stocks to buy and hold for 5 years. On September 22, T-Mobile announced a leadership change as part of its succession plan. The company is appointing Srini Gopalan, currently the Chief Operating Officer, as its next Chief Executive Officer/CEO. Gopalan will officially step into the CEO role on November 1.
Gopalan succeeds Mike Sievert, who will transition into a new position as Vice Chairman. Sievert will not be stepping away entirely; he will remain on the board and continue to help shape T-Mobile’s strategy, innovation, and talent development during the handoff.
The transition is designed to ensure continuity while giving the new leader room to guide the company’s next chapter, which includes 5G expansion. Srini Gopalan brings substantial telecom experience to the role, having most recently led Deutsche Telekom’s German business before joining T-Mobile.
T-Mobile US Inc. (NASDAQ:TMUS) provides wireless communications services in the US, Puerto Rico, and the United States Virgin Islands.
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Disclosure: None. This article is originally published at Insider Monkey.