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Icahn Calls For a Motorola Split

Stock quotes in this article: MOT , NOK  

Carl Icahn says Motorola (MOT Quote) chief Ed Zander's exit was overdue and calls again for the company to be split up.

The comments come just hours after Motorola announced that Zander was stepping down and that No.2 executive Greg Brown was taking his post.

"Although I like Ed Zander personally, I never thought that he was the right man for the job at Motorola," Icahn says in a press release Friday. "Further, I believe that the steps announced today do not even begin to address the major problems at Motorola." ...

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