People on the Move: Zander Out at Motorola, Jackson Leaves Best Buy, Morris Joins Hitachi
The CEO of Motorola, Edward J. Zander, stepped down Friday, citing a desire to spend more time with his family. He will be succeeded by Greg Brown, now the company’s president and chief operating officer. Zander will remain with company as chairman of the board for five more months. According to the Wall Street Journal, the company has struggled for the past year due to its inability to come up with a successor to the popular RAZR phone. The company’s net profit dropped 94 percent in the third quarter.
- Darren Jackson, who as part of an executive shift at Best Buy earlier this year appeared no longer destined to succeed CEO Brad Anderson, announced Thursday he was leaving the company to take over as CEO of Advance Auto Parts Inc. He will resign from the CE giant effective Dec. 7, according to Bloomberg News.
- Hitachi announced earlier this week that Thomas Morris will become its new PC channel sales manager. Morris comes to Hitachi from Ingram Micro, where he was account manager.