Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Oct 3, 2012)
  • 8-K (Sep 24, 2012)
  • 8-K (Aug 10, 2012)
  • 8-K (Jun 25, 2012)
  • 8-K (May 10, 2012)
  • 8-K (Dec 15, 2011)

 
Other

Nortel Networks 8-K 2005

Documents found in this filing:

  1. 8-K
  2. 8-K
e8vk
 

 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) JUNE 15, 2005

NORTEL NETWORKS CORPORATION

 
(Exact name of registrant as specified in its charter)
         
CANADA   001-07260   Not Applicable
 
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
8200 DIXIE ROAD, SUITE 100, BRAMPTON, ONTARIO, CANADA
  L6T 5P6
 
(Address of principal executive offices)
  (Zip Code)

Registrant’s telephone number, including area code 905-863-0000

 
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 


 

Item 5.02(b)(c) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Robert J. Bartzokas, 54, has been appointed vice-president, audit of the registrant and Nortel Networks Limited (NNL), effective July 11, 2005. Mr. Bartzokas will receive a base salary of US$350,000 (per annum) and a bonus of US$150,000 to be paid by way of two equal installments, the first of which is to be paid within 30 days of commencing employment and the second of which is to be paid within 30 days of the first anniversary of commencing employment. Mr. Bartzokas will also be eligible for a target annual bonus of 60% of base salary under the annual bonus plan of NNL (the Nortel Networks Limited SUCCESS Incentive Plan), based on the generally applicable performance criteria under such plan. Mr. Bartzokas will be eligible to participate in certain other employee benefit plans and the registrant’s Executive Retention and Termination Plan in accordance with the generally applicable terms of such plans. The registrant also intends to recommend for approval a new hire grant of 175,000 stock options of the registrant for Mr. Bartzokas, subject to the terms and conditions of the applicable stock option plan of the registrant.

Mr. Bartzokas has over 30 years of accounting and auditing experience as a result of holding various positions in an accounting firm and senior positions in multi-national corporations. A certified public accountant, he is an expert in United States generally accepted accounting principles. Most recently, as Vice President, Audit & Compliance of Amerada Hess Corporation (Amerada) from January 1995 to June 2005, he was chiefly responsible for managing that company’s internal audit and compliance functions. In particular, while at Amerada, Mr. Bartzokas oversaw the internal audit function’s role in financial reporting in compliance with Sarbanes-Oxley requirements. He also played a key role in the creation of Amerada’s code of business conduct and ethics and was responsible for related compliance programs. Prior to his approximately 20 years with Amerada, Mr. Bartzokas was employed by Getty Oil Company for approximately eight years, where his most recent position was Audit Manager, a position he held from March 1979 to October 1984. In addition, prior thereto, Mr. Bartzokas spent approximately three years with Price Waterhouse, his most recent position being Senior Auditor in 1977.

 


 

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    NORTEL NETWORKS CORPORATION
 
       
 
  By:   /s/ Gordon A. Davies
 
       
 
      Gordon A. Davies
 
      Assistant General Counsel – Securities and Corporate Secretary
 
       
 
  By:   /s/ William J. Donovan
 
       
 
      William J. Donovan
 
      Senior Vice-President, Human Resources

Dated: June 21, 2005

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki