A Sprint senior vice president is leaving the Overland Park-based company next month, a filing with the Securities and Exchange Commission said.
Michael Schwartz, senior vice president of corporate strategy and development, will leave Nov. 6, Sprint said in the notice. It said he notified the company Oct. 9, but it did not give a reason for his resignation.
Schwartz gained the post in early 2013. His job has been to oversee Sprint’s “strategic growth initiatives, including acquisitions and alliances,” Sprint’s website said.
Sprint spokeswoman Melinda Tiemeyer said in an email that Schwartz is leaving “because he has decided to return to Canada.” The company does not plan to fill the post but rather have those who reported to Schwartz report to others after his departure.
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Sprint is seeking ways to cut up to $2.5 billion in spending, which it expects to result in layoffs.
His departure comes as CEO Marcelo Claure has added four new executives this year, including replacing the company’s chief financial officer and chief marketing officer.