Former Sprint CEO Dan Hesse has surfaced in the corporate world after taking a year “totally off.” He joined the board of directors at PNC Financial Services Group Inc.
“I was extremely impressed with this management team, the board, and the culture of integrity and corporate responsibility,” Hesse said of PNC in an email. “It’s also very well run, one of only 27 U.S. companies with net income of $1 billion or more for each of the past 10 quarters.”
Hesse was chief executive officer at Overland Park-based Sprint Corp. from December 2007 to August 2014, coming in after a troubling merger with Nextel Communications. At one point, Hesse said he pulled the company through what was “a near death experience.”
Hesse said in the email that he began to consider offers to join boards of directors after taking a year “totally off.”
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PNC said it also added Michael J. Ward, chairman and chief executive officer of CSX Corp. since 2003, to its board.
Pittsburgh-based PNC provides various financial services, from mortgage, corporate and business banking to specialized services to companies and governments, as well as money management services.