Biz/Tech

Motorola Names New President and Chief Operating Officer

Apr 09, 2014 05:22 PM EDT | By Justin Stock

Rick Osterloh is Motorola's new president and chief operating officer who takes over for CEO Dennis Woodside.

Woodside revealed plans to leave Lenovo to head to Dropbox as its chief operating officer in an announcement last month The News Observer reported Wednesday.

Osterloh enters his new role immediately where he will answer to and work with Motorola's Operating Board The Observer reported.

The new man came to Motorola seven years ago previously overseeing the company's product management division, and assisting the company with its future plans.

"He is a trusted, proven leader. We're confident in his ability to not only manage a smooth transition at Motorola from Google to Lenovo but also to lead the business forward for continued growth," Liu Jun, executive vice president of the Mobile Business Group at Lenovo told CIO in a statement.

"Rick has a strong track record of success and delivering outstanding innovation for customers. He is a trusted, proven leader. We're confident in his ability to not only manage a smooth transition at Motorola from Google to Lenovo but also to lead the business forward for continued growth," Motorola said in a statement The Observer reported.

Lenovo is in the process of buying Motorola from Google for $2.91 billion which create the third creator of smartphones across the globe according to an announcement at the end of January The Observer reported.

The deal also gives Lenovo recognition as an official brand in the United States, and Europe in a market it does not have smartphones in.

Lenovo is currently headquartered in Morrisville, N.C., and has 2,200 employees.

Osterloh makes his return to the company after going to Skype to lead its product design department in June 2010 CIO reported. He came back to Motorola after Microsoft purchased Skype towards the end of 2011. 

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