Peter Currie, who was Royal Bank of Canada's CFO until last September, has re-emerged as Nortel's new chief financial officer. It appears to be positive move because Currie was the company's CFO from 1994 to 1997. Currie has a good reputation within Canada's corporate ranks, and his appointment can only give Nortel some much-needed credibility. The big question is whether the CFO job is just a warm-up zone for the CEO job.
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