- News>
- ICE Economy
Motorola`s Galvin leaves amid board conflict
Chicago, Sept 20: Being a member of Motorola Inc.`s founding family may have helped get Christopher Galvin the top post at the wireless technology giant, but it was not enough to get the board of directors to follow his vision for the company`s future.
"While I have achieved substantial results, the board and I do not share the same view of the company's pace, strategy and progress at this stage of the turnaround," Galvin said in a statement. "Accordingly, it is time for me to pass the baton to new leadership."
The timing of the move surprised some analysts who have followed the company's ups-and-downs during Galvin's tenure, although conflict over the company's direction had been obvious for some time.
Over the last few years, with the company suffering from a slowdown in telecommunications spending, some investors have questioned Galvin's ability to lead the company his grandfather founded some 75 years ago.
Bureau Report