Home » Former T-Mobile CEO earns over $137M during last year in the role
Former T-Mobile CEO earns over $137M during last year in the role
April 23, 2021
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Former T-Mobile CEO John Legere received a hefty payout in his last year serving as the top boss, pulling in well over a hundred million dollars, according to a regulatory filing.
Legere, who sat at the helm of T-Mobile for seven years, earned approximately $137,195,887 for the year ending on Dec. 31, 2020, the company disclosed in an SEC filing.
T-MOBILE US, INC.
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In 2019, the telecommunications company disclosed that Legere's contract with the company would conclude on April 30, 2020, and Mike Sievert, who was the company's chief operating officer, would rise to the CEO post.
Legere also stepped down from the company's board by the end of April.
"In connection with Mr. Legere’s termination of employment with the company, he became eligible for certain severance payments and benefits," according to the filing.