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WrAdminterizer
Join Date: Apr 2007
Location: Illinois, USA
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Motorola Sues Apple Exec For iPhone's Success - July 19th, 2008, 06:09 PM #1 |
![]() Phone maker Motorola is suing former company executive Michael Fenger, who jumped ship to join Apple as their VP of global iPhone sales, for allegedly giving Apple their corporate secrets in order to help the success of the iPhone. The company is claiming that Fenger has given away information about margins, operating strategies, marketing information, and customer initiatives to the iPhone maker, among other things While at Motorola, Fenger was the man who oversaw Motorola's mobile business as VP in Europe, the Middle East, and Africa. Now they're saying that he has used the information he acquired during his time in the company to help further the success of the iPhone. Now they are seeking damages against him, partly because he has breached a written contract he had with Motorola in which he agreed not to be employed by a competing company for at least two years after March 31st. In addition, they are hoping to recover over $1 million in stock-option grants. [via Bloomberg]
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Rocks the Board
Join Date: Sep 2007
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July 19th, 2008, 09:44 PM #2 |
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Good Luck!
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iPA Fanatic
Join Date: Jul 2008
Location: Rockland
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July 20th, 2008, 08:35 AM #3 |
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This must mean every time you changes jobs you must forget everything you know....and go to your new job a clean slate...really.
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Super Moderator
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Michael Fenger is wrong - July 20th, 2008, 09:27 AM #4 |
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He signed on the dotted line that he would not work for the competition for at least two years. Apple is clearly the competition. Michael Fenger will pay dearly for his greed.
Apple is free and clear.
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About my iPhone:
iPhone & Color: MA712LL w Apple Headset & Vaja case
iPhone Version: 2.0 (5G77)
Hacks: Been there, done that.
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There are cars you drive and cars you work on. ![]()
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July 21st, 2008, 12:52 PM #5 |
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Because Motorola can't figure out the people culture equation and their continued ineptness in reading the market dynamics, they play the blame card. They can't make money selling phones, so why not exploit the lawsuit market.
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