Nortel CEO could exit soon

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Nortel CEO could exit soon

Alex Scroxton

Nortel CEO Mike Zafirovski could be on the move within weeks, according to reports in the Financial Times and the Wall Street Journal.

Zafirovski told Canada's Ottawa Citizen last week that he had no interest in presiding over any residual company, taken to mean a rump services organisation that Nortel would be obliged to set up to support its installed base.

He claimed that he had already received job offers from other companies.

Originally hired from Motorola in 2005 and tasked with turning Nortel around, Zafirovski's four-year stewardship will chiefly be remembered for the vendor's inglorious slide into bankruptcy.

Meanwhile, Nortel has shuffled its management in EMEA, promoting Jayne Rees to the post of BT partner director.

Reporting to Mario DiMascio, vice-president of enterprise sales in northern Europe,Rees, who has been with Nortel since 1993, will take responsibility for driving the joint business strategy for the vendor's lucrative contracts with BT Business and Global Services UK.

This story originally appeared on microscope.co.uk.


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