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SoftBank gives Hesse a contract extension


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Sprint (NYSE:S) CEO Dan Hesse isn't going anywhere anytime soon, as parent SoftBank has extended Hesse's contract through at least July 31, 2018.




According to a filing with the Securities and Exchange Commission, which was first reported by Dow Jones Newswires, Hesse still has a base salary of $1.2 million, unchanged from his previous contract. No compensation changes were made.






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