Motorola's CTO quits
17 May 2008, 1220 hrs IST,REUTERS
NEW YORK: 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 this week 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)
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