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Motorola posts loss; leaders defend CEO.(Business)(Company overview)(Financial report)

Daily Herald (Arlington Heights, IL),  July, 2007  by Kukec, Anna Marie

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Byline: Anna Marie Kukec Daily Herald Business Writer akukec@@dailyherald.com After Motorola posted a $28 million loss for its second quarter Thursday, two top lieutenants defended their chief executive and their mission to save the sinking mobile phone business. Chief Operating Officer Greg Brown and Chief Financial Officer Thomas Meredith said during an interview CEO Ed Zander will remain at the helm.

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They intend to work together to save a bleeding balance sheet. "We have the right leadership team in place, and we're very focused on the execution of our plan, and act ...

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