Motorola

(MOT)

named Samuel Scott lead director.

Scott, the CEO of

Corn Products International

(CPO)

, will "chair meetings of the independent directors and serve as a liaison with the chairman with respect to matters considered by the independent directors," the Schaumburg, Ill., tech giant says.

Scott has been a member of Motorola's board since 1993. He is the chairman of the board's compensation and leadership committee, Motorola says.

Motorola dropped a nickel Tuesday to $17.37.