First leaked in an internal email to Reuters and later confirmed by a press release, new CEO Greg Brown has assumed control of the handset division and will oversee it himself. Is he going to right the ship and take them out of the storm? After recent news and speculation, it’s more likely that he is he going to clean it up and make it real shiny-like for potential buyers.
So what happened to the guy who was supposed to be running the handset division, Stu Reed? He’s going to remain with the company and work with Brown on the handset business according to Reuters. For those needing help with translating that, he’s going to be the first guy to take orders from Brown. The official ‘yes’ man.
Lot’s of luck to Brown, Reed and Motorola. Let’s hope they can turn things around.
Source: RCR News