Age, Biography and Wiki
Edward Zander was born on 1947 in Brooklyn, New York, is an American business executive. Discover Edward Zander's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 77 years old?
We recommend you to check the complete list of Famous People born on 1947.
He is a member of famous executive with the age 77 years old group.
Edward Zander Height, Weight & Measurements
At 77 years old, Edward Zander height not available right now. We will update Edward Zander's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Edward Zander Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Edward Zander worth at the age of 77 years old? Edward Zander’s income source is mostly from being a successful executive. He is from United States. We have estimated Edward Zander's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
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Not Available |
Source of Income |
executive |
Edward Zander Social Network
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Timeline
Edward J. Zander is an American business executive.
His mother, blind with glaucoma, emigrated from Greece after her entire family was wiped out by Turkish nationalists in 1922.
Growing up, he was given the nickname "Fast Eddie" by his friends because, according to a Boston Globe article, he frequently demonstrated the "hustle of a street kid spoiling for a good fight."
Zander attended Rensselaer Polytechnic Institute, and graduated in the class of 1968.
Zander is married to Mona Zander, and the couple have two sons.
His work in the technology sector included management positions at Data General and Apollo Computer before joining Sun Microsystems in 1987, where he was later promoted to Chief Operating Officer and President.
Edward Zander's career at Sun Microsystems began in 1987.
Throughout the 1990s, he rose through the ranks, taking the role of vice president of corporate marketing, and then becoming president of Sun's software division in 1991, moving to the same position for Sun's systems division in 1995.
In January 1998, he was promoted to COO for the entire company and was given the additional role of President of Sun in April 1999.
Zander was responsible for Sun's seven product divisions which included engineering, product development, sales, service, and marketing.
The CTO and corporate brand marketing also reported to him.
Zander himself remarked, "I'm from New York, so I'm New York fast" (June 19, 2000).
After leaving Sun in 2002, he became managing director at Silver Lake Partners, a private-equity firm.
He also serves on the board of directors for Jason Foundation for Education, on the science advisory board of Rensselaer Polytechnic Institute (where he received a degree in electrical engineering), the advisory board for IOCOM Communications, and the advisory board of the Boston University School of Management (where he received his Master of Business Administration and later an honorary D.H.L.).
He was also a member of the board of directors at Seagate Technologies from 2002 to 2004, and at Time Warner Inc. from January to May 2007.
He was CEO and Chairman of the Board of Motorola from January 2004 until January 2008, remaining as chairman until May 2008.
After Zander left the company in 2002, CEO Scott McNealy reassumed the duties of President and COO until the promotion of Jonathan Schwartz to those roles on April 2, 2004.
On January 5, 2004, Zander was selected by the Motorola board of directors to succeed Chris Galvin who retired in September 2003, ending a three generation reign of his family at the head of the electronics giant.
The primary candidates considered to replace him were Zander and Mike Zafirovski, though well-known executives such as AT&T Corporation's President Betsy Bernard, Qwest Communications International's Richard Notebaert, and Verizon Communications's Lawrence Babbio were also considered.
Earlier, Zafirovski had proved himself an excellent executive at Motorola.
He arrived from General Electric and led the cell phone business to profitability.
Unfortunately for him, the board was looking for a more radical change in leadership.
Even though Zafirovski was virtually an outsider himself (having served at the corporation for only three years), the board of directors went with someone with more experience in a complex organization like Motorola.
Zander’s impressive career at Sun and his radical "mover and shaker" attitude won the board over and he was given the position.
Zafirovski was disappointed and was expected to leave the company, especially with his history of reported run-ins with the board of directors but stayed until 31 January 2005, when he resigned.
Zander's first task was to oversee the new spin-off that Motorola had begun just shortly before he joined, Freescale Semiconductor.
He announced that he would focus the company on its consumer electronics business and start taking better care of its customers (he even assigned the Chief Information Officer, Samir Desai, to one of their largest and angriest customers, Nextel).
During his time, he acquired 12 companies and wound down poor-performing businesses.
He also ramped up the business units that sell radio equipment to the government, cable set-top box components, and wireless communications products.
Zander came into a tough corporate culture - Motorola's departments have been referred to as "warring tribes".
He created a bonus structure that based 25% of all bonuses on customer satisfaction, meeting product deadlines, cooperation between departments, etc. He started looking to target major corporations for communications gear and services, instead of just aiming at customers of the phones and telecom companies with wireless gear.
A reorganization of Motorola's business divisions became likely.
Zander wanted to see new types of products that focused on melding Internet technologies with wireless phone technologies.
He established the philosophy of "seamless mobility" to integrate Motorola's products and create a sense of unity within the company.
Zander has since been named a defendant in a securities fraud class action, on behalf of investors who purchased Motorola stock between July 19, 2006 and January 4, 2007, as a result of allegedly false and misleading public statements issued by Motorola during that time.
Zander received $12.5 million in incentive-based pay, much of it dependent on Motorola's financial results, as well as $1.5 million in salary during 2006.
After Motorola posted a $181 million loss for the first quarter of 2007, Zander came under increased pressure, with Carl Icahn first demanding a share buyback, then a seat on the board of directors.
He has been a member of the board of directors at EagleView Technologies Inc. since 2008.
Zander is the son of Jewish immigrants from Poland (father) and Greece (mother), who couldn't afford college but stressed education to their children.
His father reportedly dreamed of being a lawyer but instead settled for a job as a furrier in order to support his ill parents.