November 30, 2007
Motorola CEO Zander Out.
Well looks like another CEO bites the dust as the data transport industry and its satellite players adjust. Motorola jumped early onto the cellular game and won big by doing so. Even now Motorola has a huge lead in market share. But profits? Ahhh they have taken a slide. The Board must assuredly be getting heat from the institutional investors.
Rather than me speculate, here’s a roundup of the news on Mr. Zanders demise.
Motorola CEO Ed Zander to be replaced by COO Greg Brown
Motorola CEO Ed Zander heads for the exit
Ed ‘Screw the Nano’ Zander Leaves Motorola
Handsets Moto’s Only Disappointment: Why Zander Is Leaving
Zander’s payout $5.3 million
Enjoy!
Filed under Motorola, Persons of Interest by Dr. Dog
Comments on Motorola CEO Zander Out. »
Ed Zander inherited a very troubled Motorola, and lest us forget he reinvigorated communications and opened doors for innovation. Several new products were introduced in all Motorola businesses, and the company remains at the forefront of 2-way radios in almost all markets as well as DVRs. The company beat Apple to market with the ROKR and several other products. Unfortunately, not enough emphasis was placed on growing revenues from these innovations, and discussion devolved to talking about cell phone market share - a not-too-interesting topic. Read more at http://www.ThePhoenixPrinciple.com