Nortel Networks CEO Mike Zafirovski, who led the company into bankruptcy protection earlier this year and oversaw the sell-off of its wireless assets to Ericsson, will reportedly leave Nortel within weeks, according to a Wall Street Journal report citing "people familiar with the matter."
Nortel representatives did not immediately respond to e-mail seeing confirmation of and comment on the report.
Zafirovski was hired in 2005 to help turn around the company, much like he had done for Motorola's cell phone division. Initially, he had some success building profits from selling wireless gear to U.S. operators. Under … Read more