Greg Brown (businessman)
Gregory Q. Brown | |
|---|---|
| Born | 1960 (age 63–64) |
| Alma mater | Rutgers University |
| Title | Chairman and CEO (Motorola Solutions) since 2008 |
Gregory Q. Brown (born 1960) is an American businessman.[1] He has been chairman and chief executive officer of Motorola Solutions since 2008.[1]
Education
[edit]Brown graduated from Rutgers University, where he received a Bachelor of Science in economics in 1982.[2][1][3] He graduated from Highland Park High School in New Jersey.
Career
[edit]After graduating from Rutgers with a degree in economics, Brown took a position with AT&T in 1982.[4][5] He led a team that won a contract to sell over 10,000 computers to General Motors and Electronic Data Systems.[4] He eventually left AT&T for Ameritech.[4]
In 1996, Brown was appointed as president of Ameritech Custom Business Services, a position he held until 1999.[1][6] He was also named president of Ameritech New Media Inc. from September 1996 to February 1999.[1][6] In these roles he was responsible for all consumer cable TV operations, programming, and content relationships.[1][7] The Ameritech CEO, Dick Notebaert, chose Brown to build a cable business inside Ameritech.[5] That business was sold to Wide Open West LLC in 2001 for $1 billion (estimated).[5]
Brown left Ameritech for the company Micromuse.[5] He was the Chairman and CEO for the San Francisco-based network management software company(acquired by IBM) for four years until his resignation in December 2002[8][9] Under his leadership, the company’s annual revenue grew from $28 million to over $200 million.[4] Brown left Micromuse to join Motorola.[4]
Motorola and Motorola Solutions
[edit]Brown is chairman and chief executive officer of Motorola Solutions, which builds and connects safety and security technologies that help protect people, property and places, including communications, video security and the command center.[10][11][12][6][13] He is the company’s longest-serving CEO, after the founder Paul Galvin and his son Bob.[3] An analyst at Northcoast Research noted Brown "...has been a success on many levels. (Motorola Solutions) stock has blossomed, and the company has been transformed completely" during his tenure as CEO.[14]
Brown joined Motorola in January 2003 as head of the communications, government, and industrial solutions sector.[8][9] In this role, he led the acquisition of Symbol Technologies for $3.9 billion.[14][5] In 2007 he was promoted to chief operating officer and, in 2008, was named CEO. In 2011 he was named Chairman of the Board.[5][10]
In March 2008, with the company losing money, Brown announced that Motorola would split in two.[14] Motorola became Motorola Mobility (the cellphone side of the company), and Motorola Solutions.[15][16] Brown continued to run the new Motorola Solutions, which began trading on the New York Stock Exchange in 2011.[17][14] The company’s three business areas are land-mobile-radio communications (LMR), video security and the command center.[11][12][13]
In the first 15 years after Brown became CEO, the company had more than 40 acquisitions and its stock returned 668% while the S&P 500 index was up 338%.[10][14] The private equity firm Silver Lake has made two $1 billion investments in the company as of 2023.[10] In 2022, sales were just over $9 billion and earnings were at $1.3 billion.[14]
Boards and other work
[edit]Brown served on President George W. Bush’s National Security Telecommunications Advisory Committee (NSTAC). The NSTAC is a group of chief executives representing various different service providers including communications and network services as well as finance, aerospace and IT companies. The committee advises the President on issues related to implementing national security and emergency preparedness (NS/EP) communications policy.[18]
Brown also served on President Obama’s Management Advisory Board. The PMAB advises the President on how to implement best business practices on matters related to Federal Government management and operation, focusing on productivity, the application of technology, and customer service.[19]
Brown is a member of the Council on Foreign Relations and serves on the Board of Directors for the Prostate Cancer Foundation.[20]
Awards and honors
[edit]- Honorary Doctor of Humane Letters from Rutgers University[3]
- Daniel H. Burnham Award for Distinguished Leadership in 2013[21][22][23]
- The Chicago Leadership Award from the Chicago Council on Global Affairs in 2014[21]
- The 2021 Heritage Award from the Red Cross of Illinois[24]
- 2023 Chicago History Museum Making History Award Honoree[25]
- Barron’s top CEOs 2023[26]
Personal life
[edit]Brown, the youngest of five, grew up in North Brunswick, New Jersey. He spent the summers soliciting door to door to paint house numbers on curbs in exchange for donations.[27] Brown and his wife, Anna, have two children.[4]
References
[edit]- ^ a b c d e f Bloomberg BusinessWeek
- ^ "Greg Brown, Chairman and CEO of Motorola Solutions, will be Keynote Speaker at Rutgers' 246th Commencement May 13". rutgers.edu. April 3, 2012. Retrieved 2019-12-18.
- ^ a b c "Greg Brown, Chairman and Chief Executive Officer | Motorola Solutions". newsroom.motorolasolutions.com. Retrieved 2019-12-22.
- ^ a b c d e f "Executive profile: Greg Brown, CEO of Motorola Solutions". Chicago Tribune. February 13, 2012. Retrieved 2019-12-17.
- ^ a b c d e f "Greg Brown's Motorola". Crain's Chicago Business.
- ^ a b c "Motorola names Greg Brown new CEO - Nov. 30, 2007". money.cnn.com. Retrieved 2023-10-10.
- ^ Writer, CBR Staff (1999-02-18). "MICROMUSE FINALLY APPOINTS NEW CHAIRMAN AND CEO". Tech Monitor. Retrieved 2023-11-17.
- ^ a b "Micromuse CEO to Join Motorola". WSJ. December 13, 2002. Retrieved 2019-12-18.
- ^ a b "Micromuse loses CEO/Chairman Brown to Motorola". MarketWatch. Dec 13, 2002. Retrieved 2019-12-18.
- ^ a b c d Serwer, Andy. "Greg Brown Has Remade Motorola Solutions Into a Growth Machine". www.barrons.com. Retrieved 2023-06-25.
- ^ a b Jackson, Donny (10 February 2023). "Motorola Solutions highlights renewed LMR strength, growth in video, command-center arenas". Urgent Communications. Retrieved 15 November 2023.
- ^ a b Team, Trefis. "What's Happening With Motorola Solutions Stock?". Forbes. Retrieved 2023-11-15.
- ^ a b Shepherd, Daniel (2023-01-23). "Motorola brings its latest and greatest to Intersec 2023". TahawulTech.com. Retrieved 2023-11-21.
- ^ a b c d e f "How Motorola built a turnaround on public-safety tech | Fortune". 2023-06-08. Retrieved 2023-07-09.
- ^ Woyke, Elizabeth. "Motorola Solutions: The Other Motorola". Forbes. Retrieved 2023-10-30.
- ^ Ante, Spencer E. (2011-01-03). "Motorola Split Will Impart More Focus". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-11-21.
- ^ "Motorola Solutions CEO: Cell Phone Business Would've Bankrupted Company". Fortune. Retrieved 2023-10-30.
- ^ "President's National Security Telecommunications Advisory Committee - SourceWatch". www.sourcewatch.org. Retrieved 2023-12-06.
- ^ "President Obama Announces Members of President's Management Advisory Board". whitehouse.gov. 2011-03-10. Retrieved 2023-12-06.
- ^ slater, elias (2015-12-29). "Greg Brown". Prostate Cancer Foundation. Retrieved 2023-12-21.
- ^ a b Parker, Garrett (2019-05-22). "The 20 Most Notable Rutgers University Alumni in Business". Money Inc. Retrieved 2023-11-15.
- ^ "Chicago History Museum 29th Annual Making History Awards". PJH & Associates, Inc. 2023-06-07. Retrieved 2023-11-17.
- ^ "Past Honorees". Chicagoland Chamber of Commerce. Retrieved 2023-11-17.
- ^ jdlugosz (2022-03-01). "Chicago Police Officer's Training Put to the Test on Seventh Day on the Job: Award Sponsor Motorola Solutions Foundation Honors 2021 Red Cross Law Enforcement Hero". Better Chicago. Retrieved 2023-11-15.
- ^ "Chicago History Museum 29th Annual Making History Awards". PJH & Associates, Inc. 2023-06-07. Retrieved 2023-11-07.
- ^ Hough, Jack. "Here Are Barron's Top CEOs of 2023". barrons. Retrieved 2023-11-07.
- ^ "Executive profile: Greg Brown, CEO of Motorola Solutions". Chicago Tribune. 2012-02-13. Retrieved 2023-11-09.