Motorola CEO and long-time Google employee Dennis Woodside is leaving the company for Dropbox.
This news comes at a hectic time for the two companies in question. Motorola, still new to Google, was sold last month to Lenovo for a low $2.91 billion. As for Dropbox, the company recently raised a $350 million round of funding at a jaw-dropping $10 billion valuation.
It’s not clear if Woodside left Motorola voluntarily, although his new role is certainly noteworthy; at Dropbox he will serve as the company’s first chief operating officer.
Woodside’s performance at Motorola further complicates this move. While his Moto X initiative received moderate praise, Woodside failed to steer the company to profitability — despite cutting prices across the board.
Now a Dropbox chief, Woodside faces a difficult task: He must help CEO Drew Houston expand rapidly into enterprise and mobile under the weight of gargantuan expectations.
Dropbox's mission is to provide a home for everyone's most important information and bring it to life. We make it easy for hundreds of millions of people to access, share, and collaborate on their files so they can be more productive -... read more »
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