Nortel’s Chief Tech Officer Resigns
Reuters
Nortel Networks Corp., the world’s No. 1 supplier of fiber-optic network equipment, said its chief technology officer had resigned and been replaced by a senior executive with the company. Nortel said that Bill Hawe resigned Feb. 12 “to seek other opportunities.†The company appointed Jules Meunier to the job Monday. Nortel shares fell $1.13 to close at $18.87 on the NYSE.
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