Wednesday, November 28, 2007

Motorola's Ed Zander to Step Down as CEO

Motorola named Greg Brown, 47, as its new CEO, effective January 1, 2008, replacing Edward J. Zander, who will continue to serve as Chairman of the Board of Directors until the company's annual meeting of stockholders in May 2008.

Brown currently serves as President and Chief Operating Officer of Motorola. Prior to his role as President and COO, Mr. Brown headed four different businesses at Motorola. He also led the $3.9 billion acquisition of Symbol Technologies, the second largest transaction in Motorola's history and an important strategic move to strengthen Motorola's enterprise offering. He joined Motorola in 2003. Before that, Brown was chairman and CEO of Micromuse Inc., a network management software company.htt://