Moto execs to split top job

Greg Brown, chief executive of troubled telecoms vendor Motorola, said Monday that he will share the CEO position with Sanjay Jha.

Jha joins Motorola as co-CEO from Qualcomm, where he served as chief operating officer and president of Qualcomm CDMA Technologies. The industry veteran will also take over control of Motorola’s Mobile Devices Business, ahead of it being spun off as a separate entity.

Brown meanwhile has also been named CEO of Motorola’s Broadband Mobility Solutions business.

Last week, the beleaguered manufacturer showed signs of a turnaround on Thursday as the company posted a slim profit on the back of better than expected handset sales.

The company’s earnings for the quarter to end June 31 came in at a modest $4m, but this compares to a loss of $28m in the same period last year.

Net sales were down slightly to $8bn, compared to $8.7bn in the same period last year.