Google Looking to Inject Own Management Team into Motorola Mobility
Published on: 26th Feb 2012
Note -- this news article is more than a year old.
After reassuring its Android handset partners that it would run Motorola Mobility at arms length Google appears to be looking to take a much tighter control of the company.
Reports suggest that once Google has completed the purchase of the handset manufacturer, it will install one of its own managers at the top of the company, replacing Sanjay Jha as CEO.
Citing three sources at the company, Bloomberg News reported that former Google advertising executive, Dennis Woodside would take over the top job. He is currently overseeing the USD12.5 billion takeover process.
Woodside emerged as a favorite from a short list that included Christy Wyatt, Motorola Mobility senior vice president, and Chief Strategy Officer John Bucher, Bloomberg added, suggesting that Sanjay Jha was always going to either resign or was being persuaded to leave the company.
Google has often struggled to retain executives from companies that it acquires with culture clashes between incumbent staff and the new entrants being regularly reported. Bringing in Google staff at the beginning may help to avoid the inevitable reports of Motorola execs having difficulties working within the Google structure.
When former Qualcomm executive Sanjay Jha joined the company in 2008, he was offered a salary comprising of some $35 million worth of stock and options, plus a 3% stake in the firm when it was split from the larger Motorola group.
On the web: Bloomberg News