Sprint Nextel Corp. (NYSE: S) today announced that William E. Kennard resigned from the company's Board of Directors effective March 1, 2007. Kennard served as a director of Sprint Nextel since the merger of Sprint Corporation and Nextel Communications in August 2005. He joined the Nextel board in 2001 and is a Managing Director in the Global Telecommunications and Media Group of The Carlyle Group. Prior to his association with Nextel, he served as Chairman of the Federal Communications Commission.
"Bill Kennard has been a visionary leader in telecommunications policy and technology, and his contributions to our company and the entire industry have been immeasurable," said Sprint Nextel Chairman and CEO Gary Forsee. "We thank him for his great service to Sprint Nextel, and wish him the best as he continues an accomplished and dynamic career."
Kennard served on the Human Capital and Compensation Committee and the Nominating and Corporate Governance Committee of the Sprint Nextel Board. The Board is currently conducting a search to fill the open seat.
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