Icahn: Break Up Motorola
Zander's ouster does not satisfy the disgruntled investor, who owns 3 percent stake in world's number three cell phone maker.
by Roy Mark
In the end, billionaire investor Carl Icahn got what he wanted: Ed Zander's ouster as Motorola's CEO. Now, Ichan, who holds about 3 percent of Motorola, wants to break up the world's third largest cell phone maker.
Read::: PC Magazine
Showing posts with label Motorola. Show all posts
Showing posts with label Motorola. Show all posts
Tuesday, December 4, 2007
Friday, June 1, 2007
Carl Icahn: A Billionaire Robin Hood
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(Fortune Magazine) -- Motorola CEO Ed Zander was enjoying a moment of relief from his company's struggles last January, mingling with fellow corporate chieftains at the World Economic Forum in Davos, Switzerland, when he got the message that makes CEOs see their careers flash before their eyes. The news: Carl Icahn was calling him out. He had bought a 1.4% stake in Motorola and was demanding a seat on the company's board.
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