Merely days after Stu Reed racked up as he waltzed out of Motorola's doors for the final time, and nary a fortnight after the same firm's chief marketing officer did the same, along comes word that two more bigwigs have now left the building. Effective immediately, Larry R. Raymond has replaced Steve Strobel as treasurer, while Stephen Nolan "is taking over as the head of mobile devices in Europe, Middle East and Africa (EMEA)" -- a position that was held by Mike Fenger just last week. According to a company spokeswoman, the "leadership changes are part of an overall plan to swiftly transform the senior executive team." Hey, if it's lookin' for turnover, it's certainly doing something right.
Motorola is now only the third largest mobile phone manufacturer, the silver medal is currently owned by Samsung, which is not only a loss of prestige, but also means a financial deficit for the company. As previously reported, the company with a considerable amount of history in telecommunication is preparing to launch a series of new devices on the market, and it is hoped that these will kick the manufacturer's financial balance in a somewhat better position. A similar weakness was observable at Nokia too, at the time when they had high pricing and phones with poor features, compared to other manufacturers, but the Finnish giant has finally regained all its lost customers.
Translated by Szaszati
