|Sprint Nextel consolidates corporate headquarters at Overland Park|
Posted: 13-Feb-2008 [Source: Sprint Nextel]
[Sprint Nextel to combines operation and corporate headquarters at the Sprint Nextel campus in Overland Park, Kansas.]
Overland Park, Kan. -- Sprint Nextel today announced the company will bring together its operational headquarters and corporate headquarters, previously at Overland Park, Kan., and Reston, Va. respectively, to one location, the Sprint Nextel campus in Overland Park. Reston had served as the company's corporate headquarters since the merger of Sprint and Nextel in 2005.
The consolidation of the dual headquarters, which was approved by the Board of Directors, will require the relocation of only a small number of executives. The move will improve operational performance by immersing senior leaders in the company's operations. This consolidation of the headquarters locations will also reduce travel expenses and optimize real estate assets, the company said.
"This change involves only a small number of our senior leaders, and we will retain a very significant employee presence in Reston," said Dan Hesse, Sprint Nextel CEO. "After a thorough review, we determined that this change is necessary now so that our leadership team can concentrate on improving our company's operations and create a single, performance-based culture."
The company currently employs about 4,400 associates in the Washington, D.C. metropolitan area, and about 13,300 associates in the Kansas City metropolitan area.
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