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Motorola president expresses interest in top job
New York, Sept 25: Motorola President Mike Zafirovski said on Wednesday he would like to be the next leader of the world`s No. 2 cell-phone maker, which was thrown into turmoil by last week`s surprise retirement of its chairman and chief executive.
New York, Sept 25: Motorola President Mike Zafirovski said on Wednesday he would like to be the next leader of the world's No. 2 cell-phone maker, which was thrown into turmoil by last week's surprise retirement of its chairman and chief executive.
"Of course I'm interested in the job," Zafirovski said after he gave a speech to the US-China Business Council in New York City.
He did not address a question on whether the board has approached him about the job. Motorola also acknowledged that design chief Tim Parsey, responsible for some of the popular, cutting-edge cell-phone designs that helped the handset business return to profits, left the company last week to join toy maker Mattel Inc.
Motorola's shares hit a new 52-week high at $12.56 at one point on Wednesday, but closed off 4 cents at $12.26 in trading on the New York Stock Exchange.
Schaumburg, Illinois-based Motorola is looking for a new leader after Christopher Galvin said last week he would leave, citing conflicts with the board over strategy. He said he will remain until a successor is named.
The question is whether the board promotes Zafirovski or hires an outsider, analysts and investors have said. There are supporters for both approaches.
Some argue Zafirovski would promote continuity and stem executive turnover while still bringing an outside approach as he only joined the company in 2000. Others want a non-Motorola executive, one with fresh ideas who is not associated with past missteps by the company.
Bureau Report
"Of course I'm interested in the job," Zafirovski said after he gave a speech to the US-China Business Council in New York City.
He did not address a question on whether the board has approached him about the job. Motorola also acknowledged that design chief Tim Parsey, responsible for some of the popular, cutting-edge cell-phone designs that helped the handset business return to profits, left the company last week to join toy maker Mattel Inc.
Motorola's shares hit a new 52-week high at $12.56 at one point on Wednesday, but closed off 4 cents at $12.26 in trading on the New York Stock Exchange.
Schaumburg, Illinois-based Motorola is looking for a new leader after Christopher Galvin said last week he would leave, citing conflicts with the board over strategy. He said he will remain until a successor is named.
The question is whether the board promotes Zafirovski or hires an outsider, analysts and investors have said. There are supporters for both approaches.
Some argue Zafirovski would promote continuity and stem executive turnover while still bringing an outside approach as he only joined the company in 2000. Others want a non-Motorola executive, one with fresh ideas who is not associated with past missteps by the company.
Bureau Report