-
Mark’s Blogs
Find ME Online
-
Category Archives: Executive Suite
The Story of the Two Garys
Oh, what could have been if Gary Daichendt and Gary Kunis had been allowed to execute on their vision for Nortel – one that would have seen make some major moves to position itself as a enterprise-focused player. Alas, they weren’t allowed to make it happen as Nortel’s board decided to stick with CEO Bill [...]
The Story of the Two Garys
Oh, what could have been if Gary Daichendt and Gary Kunis had been allowed to execute on their vision for Nortel – one that would have seen make some major moves to position itself as a enterprise-focused player. Alas, they weren’t allowed to make it happen as Nortel’s board decided to stick with CEO Bill [...]
Nortel’s Sweet CEO Pension Packages
As Nortel’s financial implosion starts to claw away at the pensions of former employees, I thought it would be interesting to take a look at the pension packages given to recent CEOs. It is important to keep in mind that while the pension payments seem high, it’s probably not out of line with pensions given [...]
More on Mike Z.’s $12.2M Claim
It’s nice to see all the coverage about ex-Nortel CEO Mike Zafirovski filing a claim for $12.2-million after AAN broke the story last week. The Toronto Star’s David Olive has a critical column about Mike Z.’s time as CEO, capped by this statement: “Zafirovski lacked the basic leadership skills required – he had never been [...]
Also posted in Financials 43 Comments
Mike Z. Wants His Dough
As Nortel continues to disappear, the stream of head-shaking news continues to emerge. The latest development is ex-CEO Mike Zafirovski filing a $12.2 million claim with a U.S. Bankruptcy Court in the District of Delaware. In the claim, Mike Z. is asking for: - 24 months of base salary worth $2.4-million - $3.6-million in bonuses [...]
The Story of the Two Garys