* Google exec named Motorola CEO, Sanjay Jha steps down
* Slew of outside execs appointed to run Motorola
* Will focus on fewer, bigger phone launches
NEW YORK, May 22 Google Inc completed
its $12.5 billion purchase of Motorola Mobility Holdings Inc
and na med a new chief executive for the cellphone maker,
who vowed to focus on "fe w er, bigger bets."
Google, which made the deal to gain access to Motorola's
vast trove of technology patents, said on Tuesday that Motorola
Chief Executive Sanjay Jha has stepped down and has been
succeeded by Dennis Woodside, former president of Google's
Woodside oversaw planning for the Motorola integration,
according to Google. Jha will be retained to help manage a
The deal closing came just days after the companies won
approval for the acquisition from the Chinese government.
European and U.S. regulators approved the deal in February.
To gain approval in China, Google said the company promised
to keep its Android mobile phone software open and free for at
least five years and agreed to charge fair and reasonable fees
for technology licenses.
Motorola spokeswoman Jennifer Erickson said Woodside's
"fewer, bigger bets" would mean a simpler strategy: Fewer but
bigger phone launches for Motorola Mobility, which will be an
independent subsidiary of Google.
Woodside hired a slew of outside executives to run the
company, including V anessa Wittman, former chief financial
officer of Marsh & McLennan Cos Inc, as CFO of Motorola
Mark Randall, the former supply chain vice president at
Kindle maker Amazon.com Inc, was appointed as the
mobile unit's new head of supply chain.
The company will retain some Motorola executives, including
I qbal Arshad as head of product development, and Dan Moloney as
head of the set-top box business.