Comments on: Does Zafirovski Keep Hackney?

By: x-nortel employee

x-nortel employee — Thu, 06 Mar 2008 03:47:39 +0000

Well, it’s March 2008, and many months have passed since this incident.

Mike Z. kept J Hackney and in fact, gave him a promotion… seems to me it’s not what you do, it’s who you know.

BTW, stocks are at the lowest level since.. 1982? or somewhere around there…

IMHO, M.Z seemed like a nice person, until you realize he will be getting $10M in bonus for his performance of 2007, and in parallel, he needs to layoff 2100 people so his margins work out…

Things that make you go. hmmmmm

By: DissappointedShareholder

DissappointedShareholder — Fri, 07 Dec 2007 22:12:21 +0000

Look at this article. It really measures the performance of Operations at Nortel, the area JJ ran before he was promoted to Pres. Not too good…must have been something other than performance that got him the promotion.

http://www.fool.com/investing/general/2007/12/07/4-stocks-for-fast-cash.aspx

By: Observer

Observer — Wed, 21 Nov 2007 06:22:48 +0000

Fire him? His CEO buddy promoted him!

Astounding and beyond belief? Why? Surprises seem to be the norm than exception at Nortel.

By: mane

mane — Fri, 25 May 2007 01:08:21 +0000

“â€¦grow up and live with itâ€¦”

Gee, how to respond? What Would The Joel Say?

“We’ll do whatever we want.”

When Joel echoes his masters Own It! he pronounces it PWN it!

Your newest bosses might not be into creative accounting, but I expect they will inevitably act out their leadership fantasies a la their new business partners and mentors at Microsoft everytime NT stock goes up a cent or two.

By: Nortel Employee

Nortel Employee — Tue, 10 Apr 2007 06:27:16 +0000

JH is a Pharaoh. His managerment style is “My way or no way”. It’s not surprise.
MikeZ is a COO. He never ever be a CEO. He knows how to save money, but earn money.

By: LT Nortel Employee

LT Nortel Employee — Fri, 30 Mar 2007 17:18:22 +0000

Everyone Get over it….Mike Z after due diligence made his decision …grow up and live with it…if not….you knuckle heads in RTP go work at the Raleigh Sanitation Dept…..or get back to work….

By: Another Nortel Employee

Another Nortel Employee — Fri, 30 Mar 2007 10:48:21 +0000

Joel is a loser and should be fired. Us bottom dwellers are indeed even more cynical than ever before. Mike Z seems to be a lot of hot air.

By: Annonymous

Annonymous — Wed, 28 Mar 2007 20:38:56 +0000

Ethical at Nortel jajajaja

How about when big Z took that 11 million dollars with the approval of the “Board of Disdirectors” when he violated the exit agrement from Motorola.

By: Nortel Employee

Nortel Employee — Sat, 24 Mar 2007 11:16:31 +0000

What this tells me is “This is the Way” we handle our issues. If you are a “buddy” you get a slap on the wrist. If you are a good manager you get laid off. Get rid of them all and start over, Hackney, Lower, Crosby, Downing. You name them, they arent worth anything. This company will be run into the ground by Mike Z. We pay 10 million just to get him? Ridiculous, I want results and more pay.

Morale is in the toilet and it is a result of all of this BS.

By: Wish i were corrupt upper MGT

Wish i were corrupt upper MGT — Fri, 23 Mar 2007 21:43:37 +0000

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction ADVERTISEMENT

Hackney also got a crapload of shares.
Remember the bonus is only 50% of the total this year compared to 33% last year.

21-Mar-07 19,200 NT Acquisition (Non Open Market) at $0 per share.
12-Dec-06 4,686 NT Sale at $22.65 per share.
(Proceeds of $106,137)
9-Dec-06 0 NT Sale at $0 per share.