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Category Archives: Executive Suite
Thanks for Coming Out, Pavi
With the sale of Nortel’s optical networking and carrier Ethernet business to Ciena completed on Friday, Pavi Binning has decided the time is right to resign as Nortel’s chief restructuring officer and chief financial officer. To be honest, there’s really not much left to restructure given the only major assets left are Nortel’s stake in [...]
A Link (edIn) to Mike Z?
During Mike Zafirovski’s reign as Nortel’s president and chief executive, I never got the opportunity to interview him. Not that it was terribly surprising given Nortel’s struggles and the fact AAN was probably a thorn in his side but it wasn’t for a lack of trying or requests. Given the distance between Mike Z. and [...]
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John Roth Wants Nortel’s Help!
John Roth, who retired from Nortel in 2001 just before the telecom boom went bust, wants Nortel to cover up to $1-billion (yup, $1-billion) in costs if he comes out on the short end of several class-action lawsuits According to the CBC, Roth filed a claim in a U.S. bankruptcy court asking for $1 billion [...]
Hackney Hired by Avaya
Joel Hackney, who headed up Nortel’s enterprise business before it was acquired by Avaya, will join Avaya as Senior Vice President and President, Avaya Government Solutions & Data. “In this new role, Joel will lead the strategically important combined Avaya and Nortel government-focused organizations serving the U.S. Federal Government market post-closing. He will also provide [...]
Nortel’s $7-Billion Bankruptcy Booty