Will Northern Virginia Lose Sprint Headquarters?
One of Sprint CEO Gary Forsee's final requests prior to his departure was apparently to urge the company to move headquarters back to Kansas, according to this story in the WSJ (subscription required).
If that were to come to pass, it would follow AOL's plans to move headquarters to New York, robbing the region of yet another corporate nameplate.
Here's what the Journal reported:
"As part of the talks over his exit package, Mr. Forsee asked the board to shift Sprint's headquarters back to Kansas from Reston, Va., where Nextel had been based. Sprint had continued to maintain a large corporate presence in Kansas, however.
"Mr. Forsee "believes the headquarters of Sprint should be where the overwhelming majority" of its employees work, the individual with knowledge of the situation said. Sprint employs nearly 59,000 people.
"The headquarters shift 'was a substantial and key negotiating point,' this person said. "He was not going to resign until he got most of what he could get" on this issue. The informed individual doesn't know whether Mr. Forsee got that commitment."
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Posted by: Miguel Lobos | October 9, 2007 9:28 AM
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