Steve Kamman Quotes

While Mr. Owens deserves praise for stepping into a very tough role after the firing of CEO Frank Dunn, we had been increasingly concerned about strategic drift at Nortel... In addition, he signally failed to deliver on a promise for greater transparency in financial reporting.

- Steve Kamman

Tags

Owens | Deserves | Praise | Stepping | Tough |

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We view his rapid action here as a strong indication that Nortel will similarly clear the decks, in terms of its current business operations, when they report fourth-quarter results. - Steve Kamman

The past CEO deserves a lot of credit for stepping into a difficult role... The simple fact is that Nortel needs a house cleaning and it needs more focus. And from all reports, Mike is the kind of guy to do all of those. - Steve Kamman

Bill was a safe pair of hands, but when it came to dealing with a dynamic market and a bruised company, I think there is just a little bit of lost momentum. He is doing the right thing by stepping down. A lot of lesser men might not have been willing to step down. - Steve Kamman