Motorola president Brown: Investment in Israel will continue
The new president sees opportunities in Israel.
“We don’t want to be a one product company, but a company of many products. The change needed at Motorola in the area of cellular devices will come from discipline in performance and consistency in the results seen, but it is the people managing the company who will be responsible for the change. From this aspect, we’ve made a great change,” new Motorola president and COO Greg Brown told “Globes” in an exclusive interview. Brown is touted as the candidate with the greatest chance of becoming the company’s next CEO.
Brown was referring to the crisis at Motorola (NYSE:MOT) caused by its inability to replicate the great success of its RAZR V3 handset, which has become an icon. In the past two quarters, the company’s global market share for handsets fell to 12%, dragging down the share price in tandem. The result was a change in management, with the ouster of several top executives, and the promotion of Brown.
source
“We don’t want to be a one product company, but a company of many products. The change needed at Motorola in the area of cellular devices will come from discipline in performance and consistency in the results seen, but it is the people managing the company who will be responsible for the change. From this aspect, we’ve made a great change,” new Motorola president and COO Greg Brown told “Globes” in an exclusive interview. Brown is touted as the candidate with the greatest chance of becoming the company’s next CEO.
Brown was referring to the crisis at Motorola (NYSE:MOT) caused by its inability to replicate the great success of its RAZR V3 handset, which has become an icon. In the past two quarters, the company’s global market share for handsets fell to 12%, dragging down the share price in tandem. The result was a change in management, with the ouster of several top executives, and the promotion of Brown.
source
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