Motorola and Carl Icahn have made nice and the beleaguered handset manufacturing once-giant can return to trying to save the company from a slow death. The latest move to help right the horribly listing ship that is Motorola is the appointment of a new Chairman of the Board. Ousted CEO Ed Zander has been serving on as Chairman since his departure from the company’s executive payroll. As planned, his retirement from the Board will be succeeded by former AT&T CEO David Dorman.
Come May 5, David Dorman will take over as a non-executive Chairman of the Board. As and MD and senior adviser at Warburg Pincus and Co, let’s hope that Dorman’s experience on Motorola’s Board and the boards of CVS, Yum! Brands, and the Georgia Tech Foundation is just the thing that Motorola needs to turn their wayward ship towards greener pastures (to mix a couple metaphors). Cutting out the tumor that Zander represents is a good start. The next step would be to get Brown to embrace technology and actually have an understanding for the mobile space.
[Via: MocoNews]