New Sprint Nextel CEO Dan Hesse has made his second major restructuring move in less than a week with news that the operator’s Chief Financial Officer (CFO) and two other top executives will leave the company as part of a management shakeup. CFO Paul Saleh, Chief Marketing Officer (CMO) Tim Kelly, and President of Sales and Distribution, Mark Angelino, will leave this Friday. Saleh had served as Sprint’s acting CEO while it conducted a search for a permanent leader. According to a Reuters report, Hesse said the company has no set timeframe to fill the roles, but will name permanent replacements after a review of its overall strategy. Sprint controller William Arendt will serve as acting CFO in the interim. John Garcia, SVP of Product Development, will be acting CMO, and Paget Alves, Regional President for Sales and Distribution, will be acting President of the Sales and Distribution division.

Hesse was appointed last month to stem the company’s market share losses to bigger rivals AT&T and Verizon Wireless. Last week the company reported deeper than expected subscriber losses and said it would cut about 4,000 jobs. The news sent Sprint shares down nearly 25% at the time of the announcement.