President and COO Mike Zafirovski to Resign from Motorola
SCHAUMBURG, Ill. – 12 January 2005 – Motorola, Inc. (NYSE: MOT), today announced that Mike S. Zafirovski, 51, has decided to resign from the company. He will remain president and chief operating officer until 31 January and will then serve the company in an advisory role during the transition.
“On behalf of Motorola’s employees, customers and shareholders, I want to thank Mike for his many contributions to Motorola,” said Ed Zander, chairman and chief executive officer of Motorola. “Mike's intense focus on improving the company's operations and product quality has helped us execute on our commitments, enabling Motorola to achieve increased customer satisfaction and strong financial performance. I know Mike will be very successful in whatever he chooses to do next.”
“This is a decision I have considered carefully and which I discussed at length with Ed. This is the right time for me to start considering other opportunities,” added Zafirovski.
Zafirovski will not stand for re-election to Motorola’s board of directors in May
Motorola’s Mike Zafirovski Elected to Boeing Board of Directors
CHICAGO, Oct. 25, 2004 – The Boeing Company [NYSE: BA] today announced that Mike S. Zafirovski, president and chief operating officer of Motorola, Inc., (NYSE: MOT) has been elected to the company’s board of directors, effective immediately.
“Mike’s strong financial and operational background, international experience, and impressive record of community involvement make him an excellent addition to our board,” said Boeing President and Chief Executive Officer Harry C. Stonecipher.