Jul 26, 2007 (09:07 AM EDT)
Motorola Taps COO Greg Brown For Board
Read the Original Article at InformationWeek
Greg Brown's star at Motorola continues to rise as the firm's president and chief operating officer has been named to the firm's board of directors.
Brown, who has an extensive telecommunications background, is seen as a possible successor to Motorola's chairman and chief executive Ed Zander who has been under increasing pressure as Motorola's financial performance has suffered in recent months.
Motorola also announced that Anthony J. Vinciquerra has been elected to the firm's board. Vinciquerra is president and chief executive of Fox Networks Group.
"Tony and Greg are outstanding additions to our board," said Zander in a statement. "Both bring extensive knowledge and insight from their diverse experiences -- Tony in broadcast, cable and entertainment and Greg in telecommunications, software and wireless communications."
Brown, who held various executive positions for several years at AT&T and at Ameritech, joined Motorola in 2003. He currently oversees a wide swath of divisions at Motorola including Mobile Devices, Home & Networks Mobility and Enterprise Mobility Solutions.
He was president of Motorola's former Networks & Enterprise unit, which provided end-to-end networks infrastructures to customers worldwide. In May of 2004, the White House appointed Brown to President Bush's National Security Telecommunications Advisory Committee.
Vinciquerra was named president and chief executive officer of Fox Networks Group, a unit of News Corporation in 2002.
Some shareholders suggest Motorola could use a jolt to its leadership. Earlier this month, Motorola reported its second-quarter revenue dropped to $8.7 billion from $10.8 billion in the previous year. The firm lost $28 million. Sales from Motorola's mobile devices unit plunged 40%, causing analysts to predict the company will lose market share in the area.