Sprint Goes Off Beaten Track for New CEO Marcelo Claure

Sprint’s new chief executive is going to stand out in Kansas. Marcelo Claure is a 6-foot-6-inch Bolivian billionaire who built a global mobile-phone distributor from scratch and had singer Jennifer Lopez perform at his 40th birthday party. Now, he is relocating to the Midwestern suburbs to turn around a 38,000 person company that has spent the better part of a decade losing customers and money. His efforts could determine whether Sprint's decision to end a $32 billion plan to buy smaller rival T-Mobile US was a savvy, pragmatic move or a disaster.