Tuesday, August 9, 2011

Clearwire Appoints CEO

Clearwire named Erik Prusch as its new President and CEO. John Stanton, the company's Chairman and interim CEO, will become Executive Chairman of the Board of Directors.

Prusch joined Clearwire in August 2009 as CFO and led the efforts to raise over $6 billion in equity and debt to fund the company's explosive growth. He was promoted to COO in March. Prior to joining Clearwire, Prusch served as President and CEO of Borland Software, where he also previously served as CFO, leading the restructuring of the company and returning the business to profitability. Prior to Borland, he was Vice President of Finance at Intuit, CFO of Identix Incorporated and Vice President and CFO, Finance and Operations at Gateway Computers.

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