Motorola's handset division is "broken, leaderless and bleeding red ink" and it needs a new chief executive. Interested? Who would be? But for the right fix-up specialist this may be a tremendous opportunity. Business writer Scott Moritz sees two excellent candidates: Irene Rosenfeld, the Kraft CEO who has the marketing expertise Motorola needs, and Indra Nooyi, who helped PepsiCo reinvent itself.

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