This appointment marks my commitment to maintaining Nortel's technology and innovation leadership. George's extensive knowledge of telecom and technology combined with his business acumen, strategic orientation and MA experience will complement our strong leadership team and position the company for a successful future as we simplify our business, develop next-generation products and solutions, and focus on long-term, profitable growth.
More Quotes from Mike Zafirovski:
There's a sense of confidence and optimism about the future.Mike Zafirovski
This is intended to be a growth story and will be a growth story. So though we may be exiting some activities ... we will be reinvesting in places we're going to win.
Mike Zafirovski
I have found a deep sense of commitment and pride from the Nortel employees and I am excited by the energy generated for our business transformation, integrity renewal and growth activities. I also want to thank our employees and leadership team who have continued to execute with a passionate customer focus in the face of many challenges over the last several years.
Mike Zafirovski
As we head into a new chapter in Nortel's history, our global headquarters will reflect both the proud heritage of Nortel and the exciting journey that lies ahead. As well as being home to many of Nortel's corporate functions, The West Mall site will utilize Nortel's sophisticated solutions to showcase how we deliver innovative communications capabilities.
Mike Zafirovski
Today's agreement in principle is an important milestone for Nortel. We continue to work vigorously on the implementation of our remediation plan and addressing our outstanding regulatory matters. In addition, we continue to improve our governance provisions and financials systems and controls. These are critically important for the company. We remain fully committed to rebuilding value for the benefit of all stakeholders.
Mike Zafirovski
We have an unwavering commitment to be among the top companies in the world in corporate governance and business and financial controls.
Mike Zafirovski
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