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Samsung names new CEO - Lee Yoon Woo

announcements | ceo | chairman | financial | lee yoon woo | samsung

With the ouster of Lee Kun-hee as the company's chariman last month, Samsung's getting back in to the swing of things. Samsung announced today that its CEO Yun Jong Yong has stepped down from the top position at South Korea's largest company. To fill the newly vacant position, Samsung has named a new CEO to [...]

Next up at-bat for Sprint: Embarq's Dan Hesse is new Sprint CEO

announcements | ceo | dan | financial | hesse | sprint

With their WiMAX/ XOHM trials set to launch this week (at least for employees), Sprint is going to need some serious leadership skills to keep their subscriber base from plunging ever further into the depths of underdog-dom. Gary Forsee has already left the building , so who does Sprint have up next on the roster? Well, Embarq’s Dan Hesse has been tapped to go-to-bat for Sprint as the new top-dog. Dan’s got himself an impressive resume. He’s headed Sprint spin-off Embarq for the past few years, and before that he was CEO of AT&T Wireless from 1997 to 2000. The question remains, will he be able to bring some good fortune to the struggling, No. 3 national wireless carrier? New leadership is always a good indicator of better things to come, but we can’t help but get that sinking feeling that Sprint’s new direction may not be what we expected. They’ve got too much invested in this whole XOHM deal to call it off, we just hope Mr. Hesse feels the same way. Sprint needs to position itself as an innovator and top-tier provider in some market - seeing as how their traditional wireless service business isn’t doing all that well. [Via: AP ] ---Related Articles at IntoMobile:Sprint kicking CEO to the curb, looking for replacementSee ya, Gary Forsee. Sprint CEO steps down.Sprint uses "green" power sources to boost network reliabilitySprint considering WiMAX network optionsSprint Arcade - subscription gaming for mobile phones, seriously

Motorola Chief Technology Officer jumps ship following CEO Zander's resignation

announcements | brown | ceo | cto | financial | moto | motorola | quits | resign | warrior | zander

We barely got word of Motorola’s lame-duck CEO Zander planning to jump ship with that golden-parachute that he soo obviously deserves, and now we’re hearing that Moto’s CTO (Chief Technology Officer), Padmasree Warrior, called it quits to seek out greener pastures (greener, and probably more satisfying than Motorola’s staid tech offerings of late). Like so many rats escaping a sinking ship, it looks like Motorola’s leadership is escaping before they go down with the ship. Now, to Motorola’s credit, new-CEO-to-be Greg Brown has vowed to turn things around and maintain the company’s Q3 performance. And, a new CTO could spark the renewed focus on innovation and high-technology that Motorola needs to regain even a portion of its once-mighty glory. It’s just too bad Moto had to lose an officer with such an awesome name in order to make that happen. Seriously, who wouldn’t want “Warrior” as their last name? Motorola said that Padmasree Warrior has left to “pursue other opportunities,” and will be replaced by Moto’s strategy chief Rich Nottenburg. Interestingly, there was no mention of whether Warrior was leaving of her own accord or was forced to take walk the plank. In either case, there seems to be a changing of the guard underway at Motorola - the CFO and the head of mobile device business took leave earlier this year, CEO Ed Zander will be replaced as we usher in the new year , and now the CTO has quit. So who’s left? Seriously, we hope Motorola’s got a plan to fix the battered ship’s helm. It would be a shame to see Motorola fold up like so many MVNO’s of late . [Via: Reuters ] ---Related Articles at IntoMobile:Motorola CEO Zander steps down to make way for COO Brown's reignPantech CEO Resigns Control To Pantech ChairmanNokia's CFO reaffirms what Nokia's CEO said days ago: Average phone price will dropSprint kicking CEO to the curb, looking for replacementPeter Adderton steps down as Amp'd CEO

Motorola CEO Zander steps down to make way for COO Brown's reign

announcements | brown | ceo | financial | moto | motorola | resign | zander

As most struggling corporations tend to do when times get tough, keep getting tougher, and are forecasted to get even worse, Motorola has sent their Chief Executive Officer (CEO) out the door with a golden parachute. Ed Zander has been at the helm of Motorola’s wayward ship for almost four years now, and has endured financial slumps and attacks on his throne from the likes of rebel investor Carl Icahn . And, it seems that Carl Icahn will be getting what he wants - Zander has announced that he will be stepping down on “My date, my doing, my time-frame.” Come January 1, 2008, Greg Brown, the 47 year old Chief Operating Officer (COO) will take the reigns as the head of Motorola. Brown joined the company in 2003, and promises to leverage the company’s Q3 2007 profits (the first profitable quarter this year) to help keep the struggling giant, Motorola, in the green. Zander will stay on as a strategic advisor to the CEO as a non-officer employee until January 5, 2009. But, as Motorola’s shares saw a 1% boost, some analysts speculate that this changing of the guard could be a sign of bleaker times. Citigroup analyst, Jim Suva, told clients that Zander’s resignation could signal “yet another disappointment for the handset segment and more meaningful changes that have to occur … we believe Motorola’s handset division is still struggling.” Motorola seems to always be talking about bringing the “next best thing” to market, but we’ve been left waiting and waiting for Moto to effectively execute their plan. Brown’s leadership could indicate a renewed energy for Motorola, and we hope the company will refocus their efforts and bring some snazzy, new handsets to market - ELBA anyone? Kudos, Greg Brown, you’ve got a tough road ahead of you, and just know we’re rooting for you. [Via: Reuters ] ---Related Articles at IntoMobile:Motorola's Zander: Motorola will make comeback with new handsetsAT&T Wireless CEO Stan Sigman steps downMotorola to Unveil new iPhone Killer on May 15Motorola Blames Financial Slump on Lack of 3G Phones - Vows to ChangeAT&T COO calls Apple iPhone Revolutionary - Again

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