Motorola's Chief Strategy Officer quits
Posted on Fri, 16 May 2008 23:01:53 CDT | by Luigi Lugmayr
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NEW YORK (Reuters) - Rich Nottenburg, Motorola Inc's chief strategy and
technology officer, has become the latest senior staff member to exit since
activist investor Carl Icahn strengthened his influence, a spokeswoman said on
Friday.
The departure of Nottenburg, who added chief technology officer to his title in
December, was announced on Thursday in an internal memo, Motorola spokeswoman
Jennifer Erickson said.
"He left to return to the New York area to be with his family and pursue other
opportunities," Erickson said.
She declined to say when Nottenburg tendered his resignation.
Former Chief Executive Officer Ed Zander, who left in January, named Nottenburg
chief technology officer to replace Padmasree Warrior, who left in December "to
pursue other opportunities."
The exodus came amid pressure from Icahn.
Motorola last year also saw its chief financial officer and the head of its
mobile device business leave.
In April, the Schaumburg, Illinois-based company posted a wider quarterly loss
on weak cell phone sales, signaling further market share losses, especially in
North America, to rivals such as LG Electronics Inc .
It plans to spin off its mobile devices business next year after more than a
year of losses.
(Reporting by Ilaina Jonas; Editing by Braden Reddall)
© Copyright 2007 Reuters.
Posted on Fri, 16 May 2008 23:01:53 CDT | by Luigi Lugmayr
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