Former Sun Executive to Head Motorola
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Motorola Inc. has named former Sun Microsystems Inc. President Edward Zander chairman and chief executive.
The move ended three generations of leadership under the founding Galvin family. Zander, now at private equity firm Silver Lake Partners, will join Motorola on Jan. 5.
Chairman and CEO Christopher Galvin, 53, announced his planned departure from the Schaumburg, Ill.-based company in September, citing strategic differences with the board.
At Sun, Zander, 56, was known for his hands-on operational style and expanding the company’s server business. He said he would focus on improving Motorola’s delivery of products.
Motorola shares rose 54 cents to $13.33 on the NYSE.
From Reuters
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