Motorola CEO reportedly leaving to join Dropbox

In the wake of Lenovo’s deal to acquire Motorola’s mobile business, the company’s CEO Dennis Woodside is reportedly leaving to join cloud storage firm Dropbox as COO.

Jonathan Rosenberg, the former head of product management at Google, will be appointed as the COO of Motorola Mobility with responsibility for day-to-day management,

Lenovo, which bought Motorola Mobility for $2.9 billion ( £1.7 billion) in January, told Reuters they were aware of Woodside’s appointment but remain “absolutely committed” to the acquisition and “completely confident in the Google and Motorola leadership team.”

The deal is currently awaiting regulatory approvals, including from the Committee on Foreign Investments in the US, to ensure it does not threaten national security.

Source: Reuters, Engadget