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Category Archives: Executive Suite
It’s Not Just Mike Z.’s Fault
As much as Nortel CEO Mike Zafirovski did an excellent job over the past 3+ years in killing Canada’s flagship high-tech company, it would be remiss to not shine the spotlight on the board, and the role it failed to play in providing much-needed supervision of the senior management, as well as serve the interests [...]
Posted in Executive Suite Tagged board, Corporate governance, David Olive, Mike Zafirovski, Nortel 90 Comments
Mike Z.’s Legacy = Fail
After a 29-year career, Mike Zafirovski really wanted to be the CEO of a Fortune 500 company. So, after being abruptly passed over as Motorola’s head honcho, he took a deal with the devil when he agreed to become Nortel’s CEO in late-2005. At the time, Nortel was a mess. It was still engulfed in [...]
Mike Zafirovski’s Last Z-Mail
For those of you who are avid Z-Mail readers, this is a sad day as it marks the final Z-Mail to come from Mike Z. Enjoy!Team Nortel: This will be my last Zmail to you, and let me say upfront how much I have appreciated working with you and valued your tenacity, professionalism and dedication. [...]
The New Nortel: Post-Mike Z.
Here’s the e-mail sent to Nortel employees this morning by CFO Pavi Binning that outlines the new organization structure in the wake of CEO Mike Zafirovski’s departure and the shrinking of Nortel’s board to three from nine. Nortel Today Nortel announced important organizational changes, including a new organizational structure. These changes are a critical step [...]
Alert: An Interview with Mike Z.
Now before anyone gets too excited that Nortel CEO Mike Zafirovski did an interview with ANN, l should point out he spoke with the Globe & Mail’s Gord Pitts. Kudos to Pitts for getting an interview with Zafirovski, who has maintained an extremely low profile since Nortel filed for bankruptcy protection in January. Other than [...]
Also posted in Financials Tagged Mike Zafirovski, Nortel, ottawa, research in motion, Wireless 38 Comments
Nortel Directors Get a Raise. Huh?