Hesse left compensation behind at Embarq

Dan Hesse, who was CEO of independent telco Embarq before leaving in December to take over Sprint Nextel, was due to earn about $10.3 million from Embarq last year, but reportedly left much of it on the table. That was nice of him. Hesse received just over $1 million in salary and about $3,420 in other compensation from Embarq for 2007. He left the company with about two weeks remaining in the calendar year. New CEO Tom Gerke, who had been CFO and then interim CEO after Hesse left, made about $3.3 million last year.

For more:
- see this Associated Press story at Forbes

Related article:
- Hesse's departure from Embarq was announced in mid-December 

Suggested Articles

Former AT&T executive Margaret Chiosi left her post at Huawei three months ago, according to her LinkedIn profile.

Crosslake Fibre is tapping into Ciena's optical technology and software to help build its 1,500-kilometer cable between New York City and Toronto.

Windstream Enterprises has expanded its SD-WAN horizon with an additional solution backed by Fortinet.