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Haydon Leaving Nortel
By Mark Evans | August 21, 2007
It looks like the lure of being the top dog has promoted the departure of Nortel’s chief procurement officer. vice president and general manager, Network Partner Solutions, Global Services
John Haydon, a 25-year Nortel veteran who was promoted to the position early last year., is leaving next month to become president and COO with Breconbridge Manufacturing Solutions, a large electronics manufacturing and design company based in Ottawa.
Update: UBS said it considers Haydon’s departure “marginally negative for Nortel, particularly from a sentiment perspective as his departure adds to the list of recent executive departures at Nortel. Since YE2006, Nortel has lost its Chief Ethics Officer, CFO, Regional Presidents for the U.S. and CALA, and VP of IR - not an encouraging sign for a company in the midst of a critical transformation.”
Topics: Analyst Coverage, Executive Suite |