Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Motorola's CEO on taxes, tablets and why Illinois is dying
Crain's Chicago Business ^ | 12/24/12 | By John Pletz

Posted on 12/22/2012 7:41:18 PM PST by Be Careful

Greg Brown — CEO of Schaumburg-based Motorola Solutions Inc., member of President Barack Obama's Management Advisory Board, deputy chairman of the Chicago Federal Reserve's board and Razr smartphone loyalist — has a lot on his mind. In a chat with Crain's last week, he shared his thoughts on everything from demand for his company's public-safety radios and the global economy to hiking income taxes on the wealthy and doing business in Chicago and Illinois. Here's an edited transcript:

(Excerpt) Read more at chicagobusiness.com ...


TOPICS:
KEYWORDS: layoffs

1 posted on 12/22/2012 7:41:28 PM PST by Be Careful
[ Post Reply | Private Reply | View Replies]

To: Be Careful
There are a lots of IL companies thinking of relocating from this hell hole for business state. Those on the edge: Boeing Corporate, Sears, State Farm, United Airlines, Caterpillar, etc. This does not include the gun makers like ArmaLite, Springfield Armory, Rock River Arms, and Lewis Machine and Tool (LMT). Pull the plug and make sure you call a press conference to explain exactly WHY you are relocating and these jobs are going away in IL.
2 posted on 12/22/2012 11:52:17 PM PST by MasterGunner01
[ Post Reply | Private Reply | To 1 | View Replies]

To: MasterGunner01
Never did understand why Boeing chose to move HQ to Chicago in the first place, unless it was part of an unwritten deal with United to seal a deal for plane sales. Kansas would have been a better choice, and is home to more Boeing employees anyway.

The rest of the companies on your list are home-grown in Illinois, so it might take more to get them to move. And there is not much left to Sears; they are more likely to fold than move.

3 posted on 12/23/2012 4:34:40 AM PST by Bernard (Clinton Era Tax Rates, Clinton Era Spending Levels)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Bernard

“Never did understand why Boeing chose to move HQ to Chicago in the first place,”

The story around Dallas was that the wife of one of the senior execs liked the Chicago Opera.


4 posted on 12/23/2012 7:07:36 AM PST by PAR35
[ Post Reply | Private Reply | To 3 | View Replies]

To: Be Careful
"If we get the fiscal cliff done and housing starts continue to improve, consumer confidence gradually increases...........2013 could boom."

And if pigs could fly, airline tickets would cost much, much less.

5 posted on 12/23/2012 7:10:32 AM PST by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
[ Post Reply | Private Reply | To 1 | View Replies]

To: norwaypinesavage

Pigs do fly, I’ve been stuck next to a few. I love getting a sweat stain on my outer thigh from a lazy blimp of a human being. And it’s not my sweat.


6 posted on 12/23/2012 7:13:38 AM PST by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
[ Post Reply | Private Reply | To 5 | View Replies]

To: MasterGunner01

“Boeing Corporate”

Not in a million years. Those liberals LOVE Chicago.


7 posted on 12/23/2012 7:38:19 AM PST by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Bernard
This is “The Rest of the Story” [as Paul Harvey said] on how Boeing Corporate came to Chicago.

Once upon a time, there was a CEO of General Electric named Harry Stonecipher. Harry was hired by a firm called Sundstrand in Rockford, IL to fix some government-contractor problems. After a tenure at Sundstrand as CEO, he moved to McDonnell-Douglas in St. Louis, MO. Harry arranged the sale of M-D to Boeing in Seattle, was hired by them as a very senior VP, and eventually became CEO of Boeing in Seattle.

There was a problem: Harry's daughter lived in Chicago and he didn't like the long plane rides on the corporate jet. So, Harry persuaded the Boeing Board of Directors to move Boeing Corporate Headquarters from Renton, WA to Chicago, IL. There were other states that offered Boeing sweet deals, but Harry was dead set on Chicago and Harry got what he wanted.

When Harry hit 62, he reached mandatory retirement at Boeing and left as CEO, but not before choosing a successor. Harry got a very generous going away package (Golden Parachute) from Boeing. However, the hand picked successor did not work out. About 18 months later, the Boeing BoD asked Harry to come back as interim CEO until the Board could find a suitable replacement. He did.

Harry came back and was reinstalled in the saddle at Boeing in more ways than one. He began a torrid affair with a married female VP at least 20 years junior to him. This affair went on about two years until Mrs. Stonecipher caught Harry and his mistress. Mrs. Stonecipher filed for divorce and, eventually, got 50 percent of everything Harry owned including his Golden Parachute from Boeing. At 66, Harry tendered his resignation to the Boeing BoD (the divorce was just starting at the time), the female VP was fired and her husband divorced her, and Boeing Corporate remained in Chicago.

That is the rest of the story as I lived it.

8 posted on 12/23/2012 9:17:31 AM PST by MasterGunner01
[ Post Reply | Private Reply | To 3 | View Replies]

To: Be Careful
"I don't own a tablet. I read six papers a day, on paper."

Frickin' tree killer.

9 posted on 12/30/2012 1:44:36 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

Just remember that this clown is an Obama butt monkey.

The Razr is a crappy phone and Motorola wouldn’t be selling all those “public safety” radiosif they hadnt bought politicians by the bushel basket full.

I seriously can’t wait for this State to implode.


10 posted on 12/30/2012 1:56:58 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
[ Post Reply | Private Reply | To 9 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson