Monday, December 3, 2007

Motorola executives leave

3 Dec, 2007
NEW YORK (Reuters) - Mobile phone maker Motorola Inc (MOT), which announced last week that Chief Executive Ed Zander will step down, said on Monday its chief technology officer, Padmasree Warrior, had left the company to pursue other opportunities.
The company's strategy chief, Rich Nottenburg, will be responsible for Motorola's technology leadership, according to spokeswoman Jennifer Erickson, who did not say if Warrior, 47, was leaving voluntarily. She had worked at Motorola for 23 years.
Its chief financial officer and the head of its mobile device business left earlier this year. Zander's planned succession by Chief Operating Officer Greg Brown on Jan 1. comes amid pressure from activist investor Carl Icahn.
American Technology Research analyst Mark McKechnie, who was a Motorola employee in the 1980s, said the departure was not surprising in light of Motorola's recent difficulties.
"Any time you have a new CEO there's always a bit of a changing of the guard," he said, adding that he knew of several talented engineers who had left the company recently.
"There's some really good talent that has left," he said.

Other news
1. The 3rd quarter profit decline
2. They are still behind Nokia and Samsung.