Motorola 2002 Annual Report Download - page 22

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Indra ranked No. 4 in Fortune magazine’s 50 most pow erful w omen in business for 2002 – reflecting
her significant role in PepsiCo’s strategic transformation. Indra worked in our automotive division
from 1986 to 1988, served as vice president and director of M otorola’s corporate strategy and planning
from 1988 to1990, and worked for Asea Brown Boveri as senior vice president of corporate strategy
and strategic marketing before joining PepsiCo.
MILESTONE
In 2003 we are celebrating the 75th anniversary of the founding of M otorola. In 1928 we incorporated
w ith $565 in cash, $750 in tools and a design for our first product. We enter our 75th year as a technology
leader helping to build a global society unimagined by our founders, guided by high ethics and
principles and executing a forw ard-looking plan to help us outperform our competitors, generate profit
and cash, and drive growth. Our five-point plan for building shareholder value was conceived and
launched in a time of serious challenge. Yet it is simply about our historic strengths. It is about quality
management, a strong balance sheet, a low cost structure, steady growth and constant evaluation
of strategic options. That’s our formula for building shareholder value; it’s what w e do every day.
CHRISTOPHER B. GALVIN
Chairman of the Board and Chief Executive Officer
20 Motorola, Inc.
MIKE S. ZAFIROVSKI
President and Chief Operating Officer