T-Mobile US Announces CFO Retirement; Jessica Uhl Named CFO Designate

What Happened
T-Mobile US announced on September 3, 2026 that Chief Financial Officer Peter Osvaldik will retire from the CFO role in February 2027 and will remain with the company as a Strategic Advisor through July 1, 2027. Jessica Uhl will begin employment as Chief Financial Officer Designate in mid‑September 2026 and is expected to assume the CFO role after T-Mobile files its Form 10‑K for the year ending December 31, 2026. The company issued a press release the same day (Exhibit 99.1).

Key Details

• Peter Osvaldik: CFO retirement effective February 2027; Strategic Advisor through July 1, 2027.
• Jessica Uhl: age 58; former Shell CFO (2017–2022) and President of GE Vernova (Jan 2024–May 2025).
• Offer Letter (dated Sept 1, 2026) guarantees at least: $975,000 annual base salary and an STI target of no less than 200% of eligible earnings.
• Long-term pay: annual LTI target value of at least $9,525,000 beginning in 2027; one-time sign‑on LTI awards totaling $9,525,000 (RSUs $6,350,000; PRSUs $3,175,000).
• Sign‑on cash: $1,000,000 payable within 60 days of start, subject to pro‑rata repayment if terminated for cause or resigns without good reason within 12 months.
• Severance/termination: if terminated without cause or leaves for good reason, Uhl is eligible for a lump sum equal to 2x (base salary + target STI), pro‑rata STI, prior‑year STI, limited vesting acceleration for LTI awards, and up to 12 months of company-paid health/dental. Death/disability and qualifying retirement provisions specified; incentive pay subject to company clawback and a “best pay cap” for excise tax situations.

Why It Matters
This filing confirms a formal CFO transition with a clear timeline and substantial compensation and retention provisions. Investors should note the planned handoff in early 2027, the potential near-term compensation expense from sign‑on cash and large one‑time equity grants, and that the company has built a lengthy advisory overlap (through July 1, 2027) to support continuity in financial leadership. Jessica Uhl’s background as a former Shell CFO and senior GE executive signals an experienced financial leader taking the role.