SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 2, 2004
SPRINT CORPORATION
(Exact name of Registrant as specified in its charter)
Kansas 1-04721 48-0457967
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
6200 Sprint Parkway, Overland Park, Kansas 66251
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (913) 624-3000
(Former name or former address, if changed since last report)
P. O. Box 7997, Shawnee Mission, Kansas 66207-0997
(Mailing address of principal executive offices)
Item 5. Other Events.
On March 2, 2004, the registrant ("Sprint") announced the appointment of
two new, independent directors, Gordon Bethune, Chairman of the Board and Chief
Executive Officer of Continental Airlines, Inc., and Deborah Henretta, President
of Procter & Gamble's global baby care division, to the Sprint Board of
Directors. The press release was as follows:
Sprint Appoints Two New Members to Board of Directors
OVERLAND PARK, Kan. - March 2, 2004 - Sprint (NYSE: FON, PCS) today announced
the appointment of two new independent directors to the company's board of
directors -- Gordon Bethune and Deborah Henretta.
Bethune is chairman of the board and chief executive officer of Continental
Airlines, Inc., the nation's fifth largest airline. Bethune joined the airline
in Feb. 1994 as president and chief operating officer. He was named CEO in Nov.
1994 and chairman of the board in Sept. 1996. Prior to joining Continental,
Bethune was vice president and general manager of the Boeing Commercial Airplane
Group's Renton Division, where he was responsible for the 737 and 757 airplanes.
Bethune holds a bachelor of science degree from Abilene Christian University at
Dallas and is a 1992 graduate of Harvard Business School's advanced management
program.
Henretta is president of Procter & Gamble's global baby care division, which
includes the Pampers product line. Henretta joined Procter & Gamble in 1985,
where she held many different positions - including associate advertising
manager, marketing director and general manager and vice president - before
becoming president of the global baby care division in 2001. She holds a
master's degree from Syracuse University and a bachelor of arts degree from St.
Bonaventure University.
"We are delighted to add to the board these two outstanding leaders who bring
extraordinary talent, depth and diversity of experience," said Linda K. Lorimer,
chair of Sprint's nominating and corporate governance committee.
With the appointments of Bethune and Henretta, the Sprint board stands at 11
directors. Nine of the 11 directors are independent based on the board's 2004
determination. Gary Forsee, Sprint chairman and chief executive officer, is the
only employee director.
Sprint's other directors include: DuBose Ausley, attorney, Ausley & McMullen, a
law firm in Tallahassee, Fla., where he was chairman from 1982 to June 1, 2002;
E. Linn Draper, Jr., Chairman of American Electric Power Co. Inc. (AEP); Irvine
O. Hockaday, Jr., retired president and chief executive officer of Hallmark
Cards, Inc.; Linda Koch Lorimer, vice president and secretary of the university,
Yale University; Charles E. Rice, chairman of Mayport Venture
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Partners, LLC; Louis W. Smith, retired president and chief executive officer of
the Ewing Marion Kauffman Foundation; Gerald L. Storch, Vice Chairman of Target
Corporation; and Stewart Turley, retired chairman of Eckerd Corporation.
For more information about the Sprint board of directors, visit
www.sprint.com/ir/cg/bod2.html.
About Sprint
Sprint is a global integrated communications provider serving more than 26
million customers in over 100 countries. With approximately 67,000 employees
worldwide and over $26 billion in annual revenues in 2003, Sprint is widely
recognized for developing, engineering and deploying state-of-the-art network
technologies, including the United States' first nationwide all-digital,
fiber-optic network and an award-winning Tier 1 Internet backbone. Sprint
provides local communications services in 39 states and the District of Columbia
and operates the largest 100-percent digital, nationwide PCS wireless network in
the United States. For more information, visit www.sprint.com.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
SPRINT CORPORATION
Date: March 3, 2004
By: /s/ Michael T. Hyde
Michael T. Hyde, Assistant Secretary
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