It certainly feels that way to the Galvins -- the family that built and ran the company for most of its existence. Paul Galvin founded Motorola; his son Bob Galvin made it huge; and the grandson, Chris Galvin, was CEO from 1995 through 2003 -- when the board forced him to resign. Motorola had a spurt of growth just after Chris Galvin left -- which Galvin and a lot of others believe came from products Galvin had teed up -- and performed pretty well through 2006 under CEO Ed Zander. Since then, Moto's cell phone business has sputtered and lost market share while its stock price has gone off a cliff.
No comments:
Post a Comment