Quotes by Mike Zafirovski

“Theres a sense of confidence and optimism about the future.”

“Resolving these important issues will enhance the companys ability to focus on our transformation and renewal priorities and our customers.”

“I am pleased that my full focus can now be applied to accelerating Nortels business momentum.”

“As we head into a new chapter in Nortels 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 Nortels corporate functions, The West Mall site will utilize Nortels sophisticated solutions to showcase how we deliver innovative communications capabilities.”

“Unfortunately, this was a necessary next step for us to achieve renewal and stay competitive in todays dramatic business environment, particularly given the current slowdown in the economy.”

“I dont think it is an exaggeration to say you have helped save Nortel.”

“With his experience at GE, AT&T, The Home Depot and Motorola, Dennis brings to Nortel an impeccable business pedigree. As I continue to strengthen the Companys leadership team, its critical that we have individuals with global business experience working for world-class companies. Dennis will play a key role in driving the cultural and business transformation at Nortel that will be essential to the Companys future success.”

“As I continue to strengthen the companys leadership team, its critical that we have individuals with global business experience working for world-class companies. Dennis will play a key role in driving the cultural and business transformation at Nortel that will be essential to the companys future success.”

“Todays 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.”

“We have a very tall mountain to climb.”