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Since Jan.β04, when Ed Zander took over as Chairman and CEO of Motorola, shareholder returns have been 13.5%, while Nokia returned 37.8% and the S&P 500 return was 35.2%. Our returns as shareholders would have been 3x greater if we had put our money in either of those the day Ed Zander started. His past performance and the currently articulated strategy for a turnaround are neither sufficient nor acceptable.
As shareholders, we can TAKE ACTION and demand change! The time is now for the board to undertake aggressive changes at Motorola. I have drafted a βPlan Bβ to put Motorola back on the path to its rightful place as the worldwide leader in communications. Once our Plan B is finalized, we will submit it to Motorolaβs Board of Directors. Read Plan B and add your comments/edits to the Plan.