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As the Nortel Turns
By Mark Evans | March 31, 2005
Another day, another U.S. executive being recruited into Nortel's virtual executive suites. This time, it's a new chief technology officer, Gary Kunis, who used to be Cisco's chief science officer. Nortel's current CTO, Brian McFadden gets bumped…er, I mean, receives a new assignment as chief research officer (whatever that means!). In the Canadian Football League, there are rules that stipulate a team must consist of a certain number of Canadians (known as non-imports) and non-Canadians (known as imports). There are slightly more non-imports on a team than imports to maintain the CFL's domestic flavor. Perhaps Nortel, Canada's flagship high-tech company, should adopt the same guidelines. Of the senior executives part of the new and improved management team (a.ka. the post-Frank Dunn regime), only two - CFO Peter Currie and McFadden - is a Canadian. What's with that, eh?!
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March 31st, 2005 at 5:24 pm
I don't care if the entire executive is Korean. If they get this baby back on track, then we can get back to $20+.