According to the Wall Street Journal, Motorola CEO Dennis Woodside is departing the company to become the COO of Dropbox. I wouldn’t exactly say that you should be surprised that Woodside is departing the smartphone manufacturer after Google sent it packing to Lenovo, but the move to Dropbox is sort of. Then again, going from a mega-company like Google to somewhat of a start-up might be the hot new trend for executives.
While Woodside was unable to turn around the losses at Motorola during his short stint, I think it’s safe to say that his staff put out one heck of a product (the Moto X) that the tech world really got behind. The positive reviews and low prices may not have helped them sell millions of phones, but it certainly seemed like they were on to something.
Dropbox recently took in $350 million in funding and have a value at somewhere near $10 billion.
Feel free to share your thoughts on the departure of one of DL’s biggest fans.