It's one thing to bleed cash all over the sparkly granite flooring, but it's a completely different thing to bleed precious executives onto the open job-market. Motorola's troubles are mounting ever greater with their recent problems with the latter - Moto is bleeding executives. Following on the recent resignation of Motorola's CTO, a couple more [...]

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

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