Business Context and Reporting Period
This Form 8-K Current Report was filed by T-Mobile US, Inc. on February 13, 2014. The report addresses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a disclosure regarding director departure and does not contain financial performance data.
Material Changes
The material change disclosed is the departure of James N. Perry, Jr. from the Board of Directors. Mr. Perry, a managing director of Madison Dearborn Partners, LLC, informed the Company he will not stand for reelection at the 2014 Annual Meeting of Stockholders. This decision follows the September 2013 distribution of all remaining shares of Company common stock held by Madison Dearborn Capital Partners IV, L.P.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the specific event of the director's departure.
Key Facts for Investors
- James N. Perry, Jr. will not seek reelection as a director at the 2014 Annual Meeting.
- The departure is linked to Madison Dearborn Partners divesting its remaining T-Mobile shares in September 2013.
- No financial results or operational metrics are included in this specific filing.