Nortel Networks 8-K 2009
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) AUGUST 7, 2009
NORTEL NETWORKS CORPORATION
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code 905-863-7000
(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):
On August 9, 2009, Mike S. Zafirovski provided notice of his resignation as President and Chief Executive Officer of the Registrant and its principal operating subsidiary, Nortel Networks Limited (NNL) effective 11:59 p.m. on August 10, 2009. Mr. Zafirovskis resignation is not as a result of any disagreement with the Registrant or NNL.
On August 9, 2009, Dennis J. Carey provided notice of his resignation as Executive Vice-President, Corporate Operations of the Registrant and NNL effective 11:59 p.m. on August 10, 2009. Mr. Careys resignation is not as a result of any disagreement with the Registrant or NNL.
On August 9, 2009, The Honorable James B. Hunt, Jr., The Honourable John P. Manley, Richard D. McCormick, Claude Mongeau, Harry J. Pearce and Mr. Zafirovski provided notice of their respective resignations from the boards of directors of the Registrant and NNL. The resignation of each of Messrs. Hunt, Manley, McCormick, Mongeau, Pearce and Zafirovski, effective 11:59 pm on August 10, 2009, is not as a result of any disagreement with the Registrant or NNL.
On August 7, 2009, the restated articles of incorporation of NNL were amended to (i) change the province in which its registered office is situated to the Province of Ontario and (ii) decrease the minimum number of directors of the Registrant from eight to three.
On August 10, 2009 the Registrant issued a press release concerning it financial results for the second quarter of 2009. Such press release is attached hereto as Exhibit 99.1 and furnished in accordance with Item 2.02 of Form 8-K.
On August 10, 2009 the Registrant issued a press release announcing a number of leadership changes and a new organizational structure designed to work towards the completion of the sales of the companys businesses and other restructuring activities. Such press release is furnished as Exhibit 99.2 to this Form 8-K.
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.
Dated: August 10, 2009