Motorola CEOs continue to accept their pay cuts
Motorola is fighting for getting back its image of a giant mobile phone maker it once was. With the introduction of Android phones, the company has shown a clear sign of its way back to prominence. Also, in order to support the company one step further, co-CEO Greg Brown and Sanjay Jha have agreed to continue taking their voluntary salary cut of 25% for 2010.
Motorola is all set to make their long-awaited comeback in the mobile space with solid plans to divide the company into two separate publicly trade entities. While Sanjay Jha is expected to take his seat as the head of the Mobile devices and Home Businesses division, Greg Brown will rein the Motorola Enterprise unit.
Though the company has showed that they have the capability to be one of the formidable players in the smartphone space, the long-term success of the company will largely depend on its ability to continue to capture mindshare in the US and around the world. At present, Motorola Droid is considered to be a good step; but it won’t be enough to carry Moto through the next year.