Feeds

Nortel Prez resigns after 12 gruelling weeks on the job

Respect all round

  • alert
  • submit to reddit

Top three mobile application threats

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

High performance access to file storage

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Inside the Hekaton: SQL Server 2014's database engine deconstructed
Nadella's database sqares the circle of cheap memory vs speed
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.