Feeds

Nortel Prez resigns after 12 gruelling weeks on the job

Respect all round

  • alert
  • submit to reddit

Security for virtualized datacentres

Nortel president and COO Gary Daichendt has left the building after just three months on the job.

Nortel today made the uncomfortable, public admission that Daichendt and CEO Bill Owens did not agree about the company's direction. "It has become apparent to Gary and me . . . that we have divergent management styles and our business views differ," Owens said. "I respect him for his decision and I wish him every success in his future endeavors."

Owens will accept the president and COO roles.

Daichendt arrived at Nortel in March. He had previously served as a high-ranking executive at Cisco. Nortel also revealed that its CTO Gary Kunis - who once worked with Daichendt at Cisco - was leaving the company. Hmm.

Enter the standard, departure canned quotation.

"While making the decision to leave Nortel was a difficult one, my time with the company has confirmed that Nortel has world class technology and people," said Daichendt.

Last month, Nortel proudly announced that it put long-running accounting issues behind it. An accounting scandal resulted in the firings of many executives and financial restatements. Along with the accounting woes, Nortel has struggled to make headway in a consolidating telco market. ®

Related stories

Nortel earnings slide 75 per cent
Nortel files Q3 04
Nortel pinches Cisco exec

Providing a secure and efficient Helpdesk

More from The Register

next story
Docker's app containers are coming to Windows Server, says Microsoft
MS chases app deployment speeds already enjoyed by Linux devs
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
Symantec backs out of Backup Exec: Plans to can appliance in Jan
Will still provide support to existing customers
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.