Printed from http://www.electronista.com

Moto mobile chief leaves after 8 months

updated 08:55 pm EST, Fri March 7, 2008

Moto Stu Reed Leaves

In a surprise evening announcement, Motorola on Friday revealed that the firm's Mobile Devices chief Stu Reed has chosen to leave the company. The executive had spent just eight months in the role after being promoted from the company's supply business and is said to be departing immediately from his position, which primarily addresses the company's cellphone business. No reason has been given for Reed's departure, though the company notes that he has launched "key initiatives" that will form the basis for future plans. The company has also declined to name an immediate successor.

The sudden exit comes just a day after marketing chief Kenneth Keller Jr. left the company, prompting concerns of a major conflict or exodus within the company's senior ranks. The company's longtime head Ed Zander also stepped down in November to move to the "next phase" of his life, being replaced by current CEO Greg Brown. Much of the present-day crisis is believed to stem directly from dramatic marketshare losses in 2007 and the resulting $138 million deficit in the last quarter, which have both compounded existing troubles for the company and ceded share to rival cellphone producers such as Nokia and Sony-Ericsson.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. dliup

    Fresh-Faced Recruit

    Joined: Jan 2006

    0

    1word

    1word = iPhone!

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Logitech Hyperion Fury mouse

Selecting the correct gaming mouse comes down to finding a device that balances the needs of a user with a price they can afford. Ofte ...

Life n Soul BM211 Bluetooth speaker

Bluetooth speakers aren't only for listening to some music at the park or on a long bus ride, but can also be built with tablets in mi ...

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Sponsor

toggle

Most Commented

 
toggle

Popular News