Clearwire (CLWR +0.7%) names COO Erik Prusch as CEO, finally replacing Bill Morrow after he quit...

|By:, SA News Editor

Clearwire (CLWR +0.7%) names COO Erik Prusch as CEO, finally replacing Bill Morrow after he quit five months ago. The appointment comes as Clearwire struggles to secure funding to complete its wireless network. Interim CEO John Stanton becomes Executive Chairman. (PR)