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Articles tagged with: Greg Brown
On the Call: Motorola co-CEOs Sanjay Jha,Greg Brown
Motorola last year said it would separate its ailing cell phone division from its other businesses, which make things like police radios and cable set-top boxes. It hired Sanjay Jha as co-CEO to lead the phone business, known as Mobile Devices. more
Related Tags: motorola, sanjay-jha, USA
Motorola Freezes Pay Rises - Suspends US Pension Payments
Motorola has announced another round of cost cuts - including a pay freeze and temporarily suspending its contributions to its employee pension plans. Motorola will permanently freeze its U.S. pension plans, preserving vested benefits accrued by employees and retirees but eliminating future benefit accruals. more
Related Tags: motorola, pension, sanjay-jha, USA
Motorola Agrees Bonus for Selling Off Mobile Phones Division
Motorola has agreed to pay its CEO, Greg Brown a bonus when the company sells off its mobile phone division and the company is then floated onto a stock market and is worth at least US$2 billion. The bonus, in the form of stock options is worth US$3.3 million and restricted options worth a further US$1.67 million more
Related Tags: motorola, qualcomm, ipo, sanjay-jha
Motorola Loses its Chief Technology Officer
Motorola's chief strategy and technology officer Rich Nottenburg has resigned. Nottenburg had been appointed as the head of strategy in 2004 by Motorola's former CEO, Ed Zander and replaced Padmasree Warrior as chief technical officer last December when Warrior left Motorola to join Cisco Systems. more
Related Tags: semiconductor, cisco, motorola, ed-zander, bell, new-york
UPDATE: Motorola Plans to Split in Two; Icahn Said Not a Factor in Move
SAN FRANCISCO (Dow Jones) -- Motorola announced plans Wednesday to split into two companies, culminating months of speculation that the company would seek to separate its ailing wireless-handset division from the rest of the business. more
Related Tags: sony-ericsson, cisco, samsung, sony, sharp, research-in-motion, tax, new-york
Motorola to Split Off Handset Business
NEW YORK -(Dow Jones)- Carl Icahn 1, Motorola 0.
The Schaumburg, Ill., company said Wednesday it would split off its troubled
handset business into a separate publicly traded business, relenting to demands
by the activist investor.
The move would create an independent mobile devices company, which accounted
for roughly half of Motorola's total revenue in the fourth quarter. It also
leaves standing alone a company that makes TV set-top boxes, wireless equipment,
public-safety radios and bar-code scanners. In an industry where others are
consolidating, Motorola is going the opposite route.
more
Related Tags: smartphones, sprint-nextel, iden, samsung, sprint, samsung-electronics
China's ZTE in Cooperation Talks with Motorola
China's ZTE is reported to be in talks with Motorola over a wider cooperation - which could presumably spark rumours about a possible merger of the two companies respective handset divisions. Speaking to Reuters, Xiong Hui, a marketing vice president for handsets said that ZTE was looking to deepen its relationship with Motorola. more
Related Tags: zte, nortel, samsung, lg, mike-zafirovski
Slower Growth in the Mobile Phone Market in 2007 - Report
The worldwide mobile phone market passed a new milestone in shipments by recording over 300 million devices shipped during the fourth quarter, while experiencing slower year-over-year growth for 2007. According to IDC, the 334.0 million handsets shipped during the holiday quarter was a new record for the industry, and was up 15.3% over last quarter. more
Related Tags: sony-ericsson, samsung, lg, seven
AFTER HOURS: Motorola Cuts Forecast; Shares Fall Nearly 5%
SAN FRANCISCO (Dow Jones) -- Motorola shares dropped nearly 5% Wednesday evening after the mobile-phone maker cut its financial forecast and outlined a shakeup in its executive lineup as it aims to improve the performance in its wireless handset business. more
Related Tags: ed-zander
Motorola Realigns Businesses To Streamline Structure
SCHAUMBURG, Ill. -(Dow Jones)- Motorola Inc. (MOT) unveiled a reorganization plan which included a series of consolidations and realignment of businesses in an ongoing effort to streamline its structure and to boost efficiency. more
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