Motorola executive exodus continues

Will the last high-level executive left at Motorola please turn out the lights? Days after chief marketing officer Kenneth C. "Casey" Keller left the embattled equipment maker, Stu Reed--president of Motorola's Mobile Devices unit--abruptly exited the company as well. Prior to taking the Mobile Devices helm, Reed was charged with transforming Motorola's supply chain organization, encompassing the global procurement, new product introduction, manufacturing and customer fulfillment operations. Reed's exit comes as Motorola continues to seek a buyer for its handset business while concurrently exploring merging its network business with that of Nortel Networks--the firm is also maneuvering to stave off a proxy battle spearheaded by activist investor Carl Icahn.

For more on Reed's resignation:
-read this release

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