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August 17, 2011 05:33 pm GMT

Following Google's $12.5B Acquisition, Banker Bill Hambrecht Leaves Motorola Mobility's Board Of Directors

WR Hambrecht + CoThe technology world is still reeling from the announcement of Google's $12.5 billion acquisition of Motorola Mobility. And today, Motorola announced the departure of William (Bill) R. Hambrecht from the Company's Board of Directors. Following his departure, the Motorola Mobility Board of Directors will be comprised of nine members, eight of whom are independent. Hambrecht, a well-known banker, founded and has been Chairman and Chief Executive Officer of WR Hambrecht + Co since 1998. WR Hambrecht + Co is a financial services firm specializing in Internet and auction processes and providing underwriting and advisory services for technology and emerging-growth companies.

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