And in his place COO Greg Brown will be stepping up. Zander is stepping down on his terms and chose to use the end of the first quarter where Motorola saw a profit as a good time to announce it.
I knew Motorola wasn’t doing too good because they haven’t released a hot product in a long time, but I had no idea it was this bad. It seems like the CEO’s of the entire mobile industry are stepping down, except in the companies that made money like ATT, Samsung, and HTC.
The soon-to-be CEO of Motorola, Mr. Brown, plans to use the small profits they saw this most current quarter to bring Motorola out of its slumber. But analysts are saying that Mr. Brown has a long way to go before Motorola can expect to see consistent profits again, good luck Mr. Brown, that’s all I have to say.
Motorola CEO Zander steps down to make way for COO Brown’s reign [via intomobile]