Marcelo Claure is the chief executive officer of Sprint Corporation. He is also a wireless industry distribution entrepreneur and founder of Brightstar Corp. Since its founding in 1997, Brightstar has grown into an enterprise with $10.5 billion in gross revenue, with local presence in approximately 50 countries, on six continents. On August 5, 2014, he was selected to replace Dan Hesse as CEO of Sprint Corporation (Effective August 11, 2014).