Motorola's CEO Ed Zander Steps Down
Nov 30, 2007, 9:00 AM by Eric M. Zeman
updated Nov 30, 2007, 9:39 AM
Ed Zander, Motorola's CEO, has agreed to step down from his post effective January 1. Zander has been with Motorola since January 2004. Motorola has had a tough year and seen sales figures and revenues drop over the last 12 months. The handset division will close out 2007 at a loss. The company recently slipped to the world's third largest supplier of mobile phones, behind Nokia and Samsung. Some Motorola shareholders have been pushing for a change in leadership. Zander will be replaced by Motorola's COO Greg Brown. Zander will remain as the chairman of the board until May 2008.
Comments
It's All for Naught Unless...
Terrible Moto reliability and bugs galore is what's REALLY making ppl run screaming from Motorola. 😲