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Nortel's CFO to Step Down

Peter Currie will step down as Executive Vice-President and Chief Financial Officer of Nortel, effective 30-Apr-2007. The company has not yet named a replacement.

“I believe that I have achieved at Nortel what I returned to accomplish.  We have transformed the finance organization, significantly strengthened internal controls, and improved the balance sheet,” said Peter Currie.

http://www.nortel.com

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February 5

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