Upon hiring Gary Dachichendt as Nortle's news president and COO, CE0 (at least for now) Bill Owens proclaimed, "we are playing to win....". Well, that's fine Mr. Owens but where is your vision beyond going after more federal government and security business? As an analsyt told me a few days ago, Owens has been at the helm of Nortel for nearly a year, and there's been nothing about the big-picture strategy. Owens got a break out of the gate because his biggest priority was dealing with that nasty accounting scandal. Now that he has rounded out his executive team with a new COO, CFO, chief ethics officer and chief marketing officer (how many chiefs can one company ever really have!?), maybe Owens will wow us with the New New Nortel. Then again, his best until date as CEO may be fast appearing. Mr. Daichendt made it clear he didn't come out of "retirement" to not get the top job.
By the way, is there another major company whose has fewer executives not living close to corporate headquarters. Granted, Brampton, Ont. is no paradise but does that justify why Nortel executivces live in New York (Susan Shepherd), San Diego (Owens, San Jose (Daichendt) and Ralieigh, N.C. (Clent Richardson)? Just wondering, that's all.