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Motorola names new CEO

Cell phone manufacturer's board of directors elects COO Greg Brown to succeed Ed Zander, who will step down Jan 1.

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Greg Brown, newly elected Motorola chief executive officer.

NEW YORK (CNNMoney.com) -- Motorola Inc. announced Friday its board of directors has elected President and Chief Operating Officer Greg Brown as its new chief executive officer.

Brown will succeed Ed Zander, who will step down from the post on Jan 1. Zander will continue to serve as chairman of the board of directors until May 2008.

Brown joined Motorola (Charts, Fortune 500) in 2003 and led the $3.9 billion acquisition of Symbol Technologies, the cell phone maker's second largest transaction in the company's history.

Prior to joining Motorola, Brown served as chairman and CEO of the network management software company Micromuse Inc. He also previously held positions at AT&T (Charts), Ameritech Custom Business Services and Ameritech New Media Inc. To top of page

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