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HTC's COO Matthew Costello joins the revolving door of departing execs

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V-Tech    211


One of HTC's top execs, Chief Operating Officer Matthew Costello, will depart after three years on the job, according to a report from Bloomberg. He'll join recent departees like Asia CEO Lennard Hoornik and others in leaving the company, which has seen unprecedented turnover of late due to its falling fortunes. Ironically, the latest departure comes in the wake of very good news for HTC, which just reported $970 million in May revenue, nearly double what it took in last month and just shy of May 2012 figures. That can likely be chalked to sales of the One, which is now being churned out at full speed -- and soon in a stock Android version -- but whether the fortunes of HTC's star handset can halt the brain-drain remains to be seen.

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