Shares Jump as Motorola Names co-CEO

Schachter, Ken
August 2008
Red Herring;8/4/2008, p1
Trade Publication
The article reports that shares of Motorola leaped $.91 or 10.3 percent to $9.72 after the former Qualcomm executive Sanjay Jha was named co-chief executive and leader of the mobile device business scheduled to be spun off in the third quarter of 2009. Analysts cited Jha's record at Qualcomm as a positive development for Motorola, which has struggled to keep pace against Nokia, Samsung, LG, newcomer Apple and others in the competitive mobile handset business. Motorola posted a second-quarter profit of $4 million.


Related Articles

  • MOTO RISING? Pletz, John // Crain's Chicago Business;9/1/2008, Vol. 31 Issue 35, p4 

    The article focuses on the business of Motorola Inc. Motorola shares, rallying after an unexpected profit, remain a bet on the come with phone sales lagging and company's planned split a year away. Shares of the Schaumburg-based company are up 39% from a five-year low of $6.76, driven by an...

  • CRAIN'S LIST THE FORTUNATE 100.  // Crain's Chicago Business;5/25/2009, Vol. 32 Issue 21, p16 

    The article focuses on the possible things on which Sanjay Jha, co-CEO of Motorola Inc., could spend his $104.4 million compensation. He could give $1.25 each of the nearly 83 million residents of Bihar, the Indian state where he was born. He could book 1,044,445 Cubs Club box seats for a...

  • Moto Bets On A Veteran. Hickey, Andrew R. // CRN;8/11/2008, Issue 1271, p8 

    The article announces the appointment of Sanjay Jha as co-chief executive officer (co-CEO) of Motorola Inc. and CEO of Motorola's Mobile Devices business, and Greg Brown as co-CEO of Motorola and CEO of Motorola's Broadband Mobility Solutions business.

  • How we rank the fortunate. Carmichael, Matthew // Crain's Chicago Business;5/25/2009, Vol. 32 Issue 21, p16 

    The article focuses on determining the salary of Sanjay Jha, the highest-paid chief executive officer (CEO) in Chicago and in the U.S. as well. The salary is determined using data and analysis provided by Salary.com's CompAnalyst Executive software, the Fortunate 100 ranks CEOs' compensation by...

  • LOOKS GET YOU ONLY SO FAR. Jargon, Julie // Crain's Chicago Business;1/15/2007, Vol. 30 Issue 3, p4 

    The article reports on the business trend of Motorola Inc. and the role of its chief executive officer Edward Zander to usher its growth. Shares of Motorola have dropped 12% since the company announced that it would miss its profit target for the second quarter. Thus, Zander is under pressure to...

  • Motorola entraps Qualcomm's Sanjay Jha.  // Siliconindia;Sep2008, Vol. 11 Issue 8, p10 

    The article offers brief account of Sanjay Jha as co-chief executive officer (CEO) at Motorola Inc. and CEO of its wireless-handset division that has reported business losses for six consecutive quarters in India. Jha already started considering on how to deal the company through the crisis. As...

  • Motorola GETS IN THE Game. Hempel, Jessi // Fortune International (Asia);10/12/2009, Vol. 160 Issue 6, p82 

    The article focuses on the strategy of Motorola co-chief executive officer (CEO) Sanjay Jha to revive the business of the cellphone manufacturer. A presentation of Motorola's new wireless phones at the 2009 mobile industry conference in San Francisco, California saw Jha introducing the Cliq with...

  • Jha, Sanjay K. M. M. // Current Biography;Jan2010, Vol. 71 Issue 1, p37 

    A biography of Sanjay K. Jha, co-chief executive officer (CEO) of Motorola Inc., is presented. He was born in 1963 in Madhubani, Bihar in India and graduated bachelor of science degree in engineering at the University of Liverpool in England and earned doctorate in electronic and electrical...

  • Cell division back on at Motorola. Pletz, John // Crain's Chicago Business;2/8/2010, Vol. 33 Issue 6, p3 

    The article reports that executives at Motorola Inc. are planning to split the firm into two publicly traded companies. Co-chief executive officers (CEOs) Greg Brown and Sanjay Jha say they are moving to spin off the cell phone business, leaving cable television set-top boxes, police radios and...


Read the Article

Other Topics