04.11.2008 12:00 AM
Former AT&T CEO Named Motorola Non-Executive Board Chairman
David Dorman has been elected by the Motorola
board of directors to serve as the board’s non-executive chairman. Dorman will replace Ed Zander, the company’s current chairman and former CEO, who will be retiring in May.
He is currently a managing director and senior advisor at the firm of Warburg Pincus and Co. He joined AT&T as president in December 2000 and served as chairman and CEO from 2002 to 2005. Previously, Dorman served as CEO of Concert, the global venture created by AT&T and British Telecommunications, from 1999 to 2000
He has also held positions with Pacific Bell and SBC, and he serves on the boards of CVS Corp., the Georgia Tech Foundation and YUM! Brands.
“Dave is ideally suited to serve as Motorola’s chairman and I am confident that our shareholders will continue to benefit from his industry knowledge and deep understanding of the Company,” said Greg Brown, Motorola’s president and CEO. “I look forward to working with Dave in his new role as we move forward with our plan to create two independent publicly traded companies and improve the performance of the Mobile Devices business.”
Dorman, 54, joined the Motorola board in 2006.