Moto Board Gets New Dorman
Dorman, 54, a long-standing member of Motorola's board, is best known for his turnaround of AT&T in the early 2000s: Splitting the company into separate units and spinning off AT&T Wireless. Dorman left AT&T in 2005 following the takeover by SBC.(See AT&T 's Armstrong Era Ending and SBC Names AT&T Top Team.)
Dorman's experience in revitalizing ailing operations could be useful knowledge for Motorola's current CEO, Greg Brown, who faces the challenge of successfully spinning off Motorola's wounded mobile devices unit from its networks business. (See Moto Splits Off Device Biz.) But Dorman has helmed his share of less successful ventures in the past. Notably, he served as CEO of Concert, a joint venture between AT&T and BT Group plc (NYSE: BT; London: BTA) from 1999 to 2000. The venture shut down in October 2001 with the loss of 2,300 jobs. (See AT&T and BT to Unwind JV.)
Dorman has been on the Motorola board since July 2006. Some of the other faces at the table have been particularly fluid of late, however. Motorola this week ended a proxy fight with activist investor Carl Icahn, agreeing to seat two of his nominees on its board. (See Motorola, Icahn Agree.) In general, there has been a steady flow of executive departures and replacements at Motorola recently as Brown tries to right the company. Most notably, in light of Moto's handset headaches, is the lack of a permanent replacement for Stu Reed, who stepped down as the head of the mobile devices division in February and left the company soon after. (See Motorola Loses Ex-Handset Head.) Dorman is currently a managing director of Warburg Pincus .
— Dan Jones, Site Editor, Unstrung