About UPI  |  UPI en Español   |   My Account
Free News Update:
United Press International - News. Analysis. Insight.™ - 100 Years of Journalistic Excellence
  • Home
  • Top News
  • Entertainment
  • Odd News
  • Sports
    • Baseball
    • Football
    • Golf
    • Olympics 2008
  • Business
  • Science
  • Health
  • Analysis
    • Energy Resources
    • Security Industry
    • Emerging Threats
  • Video
  • News Photos
Search:
Go
Advertise on UPI
You are here:  Home / Business News / Brown replaces Zander at Motorola

Business News

View archive | RSS Feed

Brown replaces Zander at Motorola

Published: Dec. 1, 2007 at 8:12 AM
Order reprints  |  Print Story  |  Email to a Friend  |  Post a Comment
NEW YORK, Dec. 1 (UPI) -- Embattled Motorola chief Edward J. Zander is being replaced by Gregory Q. Brown, who has headed four of the firm's business units in the last four years.

Carl C. Icahn, a shareholder and critic of Zander's, said he applauded the move as overdue and urged the division of Motorola into four parts, The New York Times reported Saturday.

A four-part split would free Motorola's wireless division to recruit top executives, Icahn told the Times.

The news of Brown's promotion from chief operating officer had little effect on Motorola stock as shares closed up 32 cents Friday at $1597 in regular trading.

Motorola's share of the cell phone market has fallen to third place, behind Samsung and Nokia, after a market surge a few years ago with the Razr phone. Motorola failed to refresh the product line and began to cut prices, which hurt profit margins, the Times reported.



© 2007 United Press International, Inc. All Rights Reserved.
News Photos Slideshows
Photos of the Day
Week in Photos
News
Entertainment
Sports
Features
Olympics 2008
Most Popular
Stories
Photos
Videos
1.
Airline passenger bumping could increase
2.
U.S. stocks plunge on worrisome day
3.
Crude oil prices ease slightly
4.
Oil slips, natural gas big loser
5.
Oil prices climbing amid hurricane watch
Path to the Presidency - DNC Convention News


Videos
Enlarge Video
Native American delegates on the rise at DNC
Native American delegates on the rise at DNC
Friday, August 29
Obama's speech: Reaction from Invesco Field
Obama's speech: Reaction from Invesco Field
Friday, August 29
Obama set to wrap DNC
Obama set to wrap DNC
Thursday, August 28
Household vampires
Household vampires
Wednesday, August 6
© 2008 United Press International, Inc. All Rights Reserved. Official Government Wires  |   About UPI  |   Site Map  |   Terms of Use  |   Privacy Policy  |   Advertise Online  |   Contact Us

Sponsored Links: College Football Tickets - Fundraisers - Press Release Services - prom dresses - Prom dresses and gowns - Wedding and Honeymoon Experts - Auto Dealers - Motivational Sports Speakers Bureau - Real Estate Properties in the world