SCHAUMBURG, Ill., June 14 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) today announced that John R. Bucher has been appointed corporate vice president of strategy for Motorola's Mobile Devices and Home Business. Bucher will build upon the plans underway to increase Motorola's smartphone market share and capitalize on Motorola's unique positioning as a portfolio supplier of broadband wireless, fiber and cable solutions and services to a global base of customers serving consumer and business markets. He will report to Sanjay Jha, Motorola's co-chief executive officer and CEO of Mobile Devices and Home Business.
"I am extremely pleased to have John join the Motorola team," said Jha. "His understanding of the key trends driving our markets and his multi-disciplinary financial, operational, technical and management experience will be instrumental to our strategic planning process as we chart our future course as an independent company."
Bucher's 27 years of professional experience include 14 years as an equity research analyst focused exclusively on communication technology/services sectors, plus several years as a director-level manager with wireless carriers that are now part of Verizon Wireless.
Most recently, Bucher served for three years as a buy-side financial analyst for a leading equity-only investment management company, where his coverage responsibilities included the wireless, cable, wireline, optical and satellite equipment and services sectors. Prior to this, he served as a sell-side analyst and Managing Director for BMO Capital Markets, the US equity research arm of the Bank of Montreal. Prior to his Wall Street experience, Bucher worked for several years as an analyst for a private equity firm. Previous to this, he held several director-level management positions with Bell Atlantic/NYNEX Mobile and PrimeCo Personal Communications, which are both now part of Verizon Wireless. Bucher started his professional career with the United States Marine Corps, where he served as an officer for 11 years.
Motorola is known around the world for innovation in communications and is focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola (NYSE: MOT) had sales of US $22 billion in 2009. For more information, please visit www.motorola.com.
SOURCE Motorola, Inc.