Motorola CEO Zander drops out of CTIA keynote

Motorola CEO Zander drops out of CTIA keynote

Summary: When executives bow out of speaking engagements--whether it's a trade show or investment conference--interested parties go hmmm. Put on your hmmm hats folks because Motorola CEO Ed Zander has backed out of giving the CTIA Wireless 2007 keynote in Orlando.

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TOPICS: Mobility
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When executives bow out of speaking engagements--whether it's a trade show or investment conference--interested parties go hmmm. Put on your hmmm hats folks because Motorola CEO Ed Zander has backed out of giving the CTIA Wireless 2007 keynote in Orlando.

Given Motorola's recent travails perhaps Zander's CTIA exit means there's more tough sailing ahead. Wall Street analysts such as Oppenheimer's Lawrence Harris have been lowering estimates recently due to "unfavorable near-term pricing trends on the RAZR V3 and KRZR K1." Harris is also worried about Motorola's inventory levels.

It wouldn't be all that surprising if Motorola issued a profit warning about the same time Zander would be on stage. Then again maybe Zander's exit is nothing.

The official Motorola line as told to the Chicago Tribune revolves around an unforeseen scheduling conflict.

Hmmm.

Topic: Mobility

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2 comments
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  • Or maybe....

    Maybe Ed Z. is the soon-to-be-former CEO of Motorola? Maybe he was told he should cancel upcoming public appearances in advance of his "ouster". There's been a bit of buzz lately with Carl Icahn angling for a seat on the board and demanding return of value to shareholders. I'd have to imagine that is fomenting some further discontent with Zander's leadership...meaning, that the other board members are feeling the pressure to do something...and Zander is the logical scapegoat.

    Disclosure: I own a small stake in MOT (nothing like Carl's ;)
    Techboy_z
    • Good point and...

      It's possible Motorola may be a leveraged buyout target itself.
      Larry Dignan