Motorola Mobility, the smartphone maker that Lenovo is purchasing from Google, has named a new top executive to succeed departing CEO Dennis Woodside.
Rick Osterloh, who joined Motorola seven years ago and most recently has been leading product management and the company’s long-term strategy, has been promoted to president and chief operating officer.
Lenovo announced in late January that it had agreed to acquire Motorola for $2.91 billion, a move that will make it the No. 3 smartphone maker worldwide. The deal also will give Lenovo a name brand in the United States and Europe, where it currently doesn’t sell smartphones.
Lenovo, which has a headquarters in Morrisville where about 2,200 workers are employed, issued a statement from Liu Jun, executive vice president of its mobile business group, praising Osterloh’s appointment.
“Rick has a strong track record of success and delivering outstanding innovation for customers. He is a trusted, proven leader,” the statement noted. “We’re confident in his ability to not only manage a smooth transition at Motorola from Google to Lenovo but also to lead the business forward for continued growth.”
Motorola CEO Woodside announced last month that he was leaving Motorola to become chief operating officer at Dropbox.