T-Mobile US (NASDAQ: TMUS ) on Monday announced the appointment of Srinivasan Gopalan as its new Chief Operating Officer, effective March 1.

Gopalan, who is joining from Deutsche Telekom (OTC: DTEGY ), T-Mobile's largest shareholder, will be responsible for spearheading the company's technology initiatives and overseeing go-to-market operations for both consumer and business groups.

Gopalan's compensation package includes a base salary of $1 million annually, with the potential to earn a minimum of $2 million in short-term cash incentives based on the achievement of performance goals.

Additionally, T-Mobile disclosed that he will receive a one-time sign-on payment of $2 million.

In his new role, Gopalan will report directly to T-Mobile's Chief Executive Mike Sievert. Sievert previously held the COO position before taking over as CEO from John Legere in 2020.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.