Zander Swept Into Motorola’s Downward Spiral
Published November 30th, 2007
Motorola CEO Ed Zander will step down from his post at the end of the year, a victim of a long and deep post-Razr market share slump at the top U.S.-based maker of mobile handsets. The Schaumburg, Ill., company — which last week fell from second to third in terms of worldwide market share behind Nokia and Samsung — said Zander would remain in his position of chairman of the board until next May, when the company’s shareholders are next scheduled to meet.
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