Brightstar appoints Jaymin B. Patel as president and CEO

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He joins from global gaming and lottery company GTECH and succeeds Marcelo Claure, who left to become CEO of Sprint Communications in August

Brightstar has appointed Jaymin B. Patel as its new president and CEO. He will take up his position on March 30.

He is the second CEO in the company’s 17 year history and succeeds founder Marcelo Claure in the position, who left to join US network operator Sprint Communications in August.

Arturo Osorio, who had led Brightstar on an interim basis following the departure of Claure, has stepped down from the board of directors.

Patel joins Brightstar with 26 years experience working within the global enterprise space and comes to the company from lottery and gaming company GTECH, which provides technology and services to customers in around 100 countries.

Most recently he served as president and CEO of GTECH Americas, overseeing operations in North and Latin America. He also served in a number of global leadership roles, including chief financial officer, chief operating officer and president and CEO of GTECH’s global lottery, interactive and gaming business.

Brightstar chairman of the board Ronald Fisher said Patel’s global experience, which includes establishing and operating businesses in around 60 global markets and leading more than a dozen merger and acquisition transactions, complements its ongoing global growth strategies.

Jaymin’s operational leadership, financial expertise and experience negotiating and closing highly complex, multi-year deals makes him the ideal person to lead Brightstar at the centre of the wireless ecosystem.

“His disciplined global approach to operations will continue to drive customer value and profitable growth while maintaining our strong tradition of innovation in the SoftBank family.”

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