Hot on the heels of news that Motorola is spinning off their mobile handset division, after all, comes this compelling, revelatory read over on Engadget that's worthy of Page Six tabloid coverage. Numir Faraz, who "worked with Geoffrey Frost as a personal adviser during his days as Executive Vice President and Chief Marketing Officer of [Motorola]" lays it all out in an open letter to Moto's current CEO and executives, and it's an interesting read, to say the least.
Faraz, who apparently asked Engadget to publish the letter, basically credits Frost (widely known for turning Moto's fortunes by inventing the RAZR) for the company's success and then blames then-CEO Ed Zander for running the company into the ground and destroying Frost's life in the process. Frost died an "untimely" death in 2005 and his wife, who according to Faraz blamed Zander for her husband's passing, committed suicide shortly thereafter. Zander, on the other hand, apparently "seemed to care more about his golf score than running one of America's greatest technology companies," had a taste for private company jets and blaming others for his company's failures, and wound up golden parachuting his way to a $30 million or so exit package when replaced by Brown late last year.
I'm almost at a loss as to what to say here. Read Faraz' letter for yourself (and kudos to Engadget for getting and running it). It's a doozy and really paints a sad picture not only of a company, but of a sad and dangerous CEO culture in certain parts of American business. Faraz doesn't care much for current CEO Brown, either, saying things to his face like, "instead of merely being inept, you're actually actively killing the company."
Meantime, I've got my Motorola booth tour scheduled for next week at CTIA. Hope they show up...