Hockaday to leave Sprint Nextel board

Hockaday to leave Sprint Nextel board

Irvine O. Hockaday, Jr., the retired president and CEO of Hallmark Cards, is leaving Sprint Nextel.

Hockaday has notified the company that he will not stand for re-election at the next annual shareholder’s meeting on May 12.

This was Hockaday’s decision and not the result of any request coming from Sprint, stated a company spokesman. Or as Sprint stated in a document filed today with the Securities and Exchange Commission, “His decision is not as the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.”

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