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Chairman's Message to Shareholders
 The journey to renewal at Nortel continued throughout 2007. Progress on our multi-year transformation plan was made across the board and we are regaining a day-to-day operating rhythm for the company. We have also seen the further strengthening of the leadership team under CEO Mike Zafirovski with the appointment of several key executives including Paviter Binning as Executive Vice President and Chief Financial Officer and William Nelson as Executive Vice President, Global Sales.
These are two critical roles at Nortel. Having a leading, experienced CFO will be central to achieving the ever-higher quality financial controls and business processes Nortel needs to improve its operational effectiveness. Having a sales leader with deep experience and broad exposure to best-in-class sales and channels strategies will be key to delivering on the market opportunity we see before us. The Board welcomes them both.
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A Video Message from the CEO
Nortel CEO Mike Zafirovski speaks to shareholders about Nortel's 2007 Annual Report. |
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 Helping children through One Laptop Per Child (OLPC) Initiative -
Nortel is a founding sponsor of OLPC. Our involvement in OLPC is a testament to our leadership in driving the industry to a new era of communications - that we call hyperconnectivity - where everyone and everything that should be connected are connected. Learn More about OLPC >>
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