Social Media Magazine

Motorola’s CEO Passes Away at Age 89

Posted on the 12 October 2011 by Alexferreirag @HonestTek

Motorola’s CEO Passes Away at Age 89

Motorola’s Chief Executive Officer, Robin W. Galvin, passed away peacefully at the age of 89 yesterday, October 11th, 2011 in Chicago.

“Bob”, as everybody called him, was the son of the company’s founder, Paul Galvin.

As we all know, Apple’s CEO (Steve Jobs), also died a few days ago at the age of 56. The world is loosing its geniuses, but new ones will come, as they always have.

Bob began to work for Motorola in 1940, and in 1956 he was named President of the company. Two years later he succeeded his father as CEO.

Bob gave up the CEO title in 1986, after 29 years! But he remained in Motorola as chairman of the board. Motorola’s sales grew from $216.6 million in 1958 to $6.7 billion in 1987 and cash flow per share grew from 89 cents to $6.10.

In my opinion, this is one more important lost to the world, but lets keep thinking positive, new geniuses will come. The world will always be moving forward. Of course Mr. Galvin did a great job as Motorola’s CEO, but his time came… And it will eventually come to all of us too.

You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • the Facebook Age

    This is the age of Facebook. It is now one of our basic needs in life ensuing with food,clothes and shelter.No one is interested in reading news papers or... Read more

    By  Globio
  • Age Your Own Whiskey Kit

    Your Whiskey

    The magic that happens inside of a whiskey barrel has always intrigued whiskey drinkers. But unless you are a whiskey drinker who owns a distillery, it's next t... Read more

    By  Gerard
  • While the Cats Away….

    While Cats Away….

    the plants go mad! I turn my back for less than a week and the garden leaps into action.I read somewhere recently that when you have been away from your garden... Read more

    By  Patientgardener
  • Time Away

    Time Away

    I'm still alive. A few things:Can someone bring me some peonies? Please? I may also settle for some graham crackers.I'm home sick today. Read more

    By  Alysonisneat
  • Take Me Away

    Take Away

    or find me a copper tub... I am home alone this week with the 3 kids while the Mr. is away and things around here are already off to a pleasant start, the baby... Read more

    By  Eagoodwin03
  • Himalaya 2011: Another Notable Summit, Another Climber Passes Away On Everest

    Himalaya 2011: Another Notable Summit, Climber Passes Away Everest

    Yesterday brought both more good and bad news from Everest, where teams on both sides of the mountain are still working their way to the summit ahead of the... Read more

    By  Kungfujedi
  • Give Away {1 Winner}

    Give Away Winner}

    Scratchy Cat Crafts Fathers Day Personalised Gift So what are your ideas for Father's Day? Hand made cards? Shop bought cards? Read more

    By  Threesixfive