Timothy Donahue
Timothy Donahue was Executive Chairman of Sprint Nextel. He previously served as president and chief executive officer of Nextel Communications Inc.
Career
Timothy Donahue graduated from John Carroll University in 1971.[1] He began his career with Nextel in January 1996 as president and chief operating officer.[1] From 1999 to 2005, Donahue served as president and CEO of Nextel Communications.[1] Donahue then served as the Executive Chairman of Sprint Nextel Corp from August 2005 to December 2006.[1] On October 10, 2006, Mr. Donahue announced his retirement as Chairman of Sprint Nextel effective the end of the year.[2]
Nextel experienced record setting financial results under Mr. Donahue's leadership, with nine straight quarters of positive net income. Since becoming president and CEO of Nextel, he helped build Nextel into a Fortune 200 company; increasing the subscriber base to 16.2 million in 2004 and significantly reducing debt. In 2003 he earned $26.3 million in pay from Nextel and by June 2004 he held 1.8 million Nextel shares.
Before joining Nextel, Mr. Donahue served as northeast regional president for AT&T Wireless Services operations from 1991 to 1996.
In 2015, Donahue and his wife, Jayne, committed $6 million to John Carroll University to provide scholarships.[1]
Personal
Mr. Donahue is one of twelve children.
References
- "Retired Sprint Nextel executive Tim Donahue, wife Jayne commit $6 million to John Carroll University". Crain's Cleveland Business. 2015-04-14. Retrieved 2019-09-05.
- Schneider, Howard (10 October 2006). "Sprint Nextel Chairman Donahue to Retire". The Washington Post.