Nortel&#39;s new chief gets down to business
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William Owens, the new chief executive of Nortel Networks Corp., is putting his personal stamp on the organization.
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The chief financial officer of Nortel Networks, Peter Currie, who rejoined the company in 2005 to help it recover from accounting problems, will step down on April 30. Nortel, the maker of phone equipment, said it had begun seeking a successor. Mr. Currie decided to pursue other interests, a spokesman, Jay Barta, said. Mr. Currie was chief financial officer from 1994 to early 1997 before leaving to become chief financial officer at the Royal Bank of Canada.
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Nortel Networks Corp. will lay off approximately 1,400 employees in the US and about 950 in Canada, with those employees to be notified by the end of June 2005, the network equipment vendor said in a regulatory
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Nortel Networks has been working for months to correct several years of faulty financial results that have sparked lawsuits, criminal investigations and regulatory probes.
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The head of Cisco's service provider business, who was once seen as a possible successor to the CEO, is leaving the company.
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Discount carrier JetBlue Airways Corp.  named a new chief operating officer on Wednesday, shoring up its management team just weeks after suffering a major service meltdown.
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Nortel Networks Corp. NT.TO NT.TO  earned stock market applause on Thursday as it slashed more  jobs, released on-target profit estimates, and took steps to  clean up its accounting mess.
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Nortel Networks Corp., tarnished by an accounting scandal, has hired a new marketing boss to polish its faded global image. The Brampton-based telecom equipment maker appointed Clent Richardson, 43, as its
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A new system from Nortel will replace British Telecom&#39;s existing distributed infrastructure based on Nortel Meridian private branch exchange products.
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The turmoil comes just days after its new chief presented a rescue plan intended to turn the plane manufacturer around.
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A significant step forward Column Back in 2000, I was recruited into Nortel Networks as part of an initiative to provide advice and guidance to its mobile operator clients on how best to exploit emerging mobile data networks in the business sector. At the time, I knew pretty much zilch about the telecommunications industry, but was hired because Nortel had the foresight to understand that people with an enterprise application background were going to be instrumental in maximising the potential.â¦
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Nortel Networks Corp., North America&#39;s bigger maker of phone equipment, named Clent Richardson as its chief marketing officer, filling a position that was vacant for almost two years.
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Aug. 19, 2004  OTTAWA  - Nortel Networks Corp.
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eslie Moonves, the co-president of Viacom, yesterday realigned the management of the company&#39;s CBS entertainment division and Paramount television production studio, promising smoother and greater interaction between the two.
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Nortel reduced layoffs by 250, as the company details plans to cut expenses
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November 9, 2004. The former first assistant coach to Jacques Santini was handed the role in the wake of the Frenchman&#39;s shock exit on Friday.
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AOL Europe appoints new chief exec