{"id":197,"date":"2009-06-23T06:52:00","date_gmt":"2009-06-23T06:52:00","guid":{"rendered":"https:\/\/mhgoldberg.com\/blog\/?p=197"},"modified":"2009-06-23T06:52:00","modified_gmt":"2009-06-23T06:52:00","slug":"nortel-executive-retention-plans","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=197","title":{"rendered":"Nortel executive retention plans"},"content":{"rendered":"<p><a href=\"http:\/\/network.nationalpost.com\/np\/blogs\/fullcomment\/archive\/2009\/06\/21\/kelly-mcparland-what-nortel-executives-have-in-common-with-pig-headed-union-bosses.aspx\"><img decoding=\"async\" style=\"margin: 0pt 10px 10px 0pt; float: left; cursor: pointer;\" alt=\"Full Comment\" src=\"http:\/\/a123.g.akamai.net\/f\/123\/12465\/1d\/www.nationalpost.com\/_assets\/images\/header-full_comment.gif\" width=\"202\" border=\"0\" \/><\/a>There is a brief commentary on the National Post <a href=\"http:\/\/network.nationalpost.com\/np\/blogs\/fullcomment\/archive\/2009\/06\/21\/kelly-mcparland-what-nortel-executives-have-in-common-with-pig-headed-union-bosses.aspx\">blogs<\/a> by Kelly McParland, writing about executive compensation at Nortel through all of its angst.<\/p>\n<p>The article is worth a read. <\/p>\n<blockquote style=\"font-size: 85%; color: rgb(102, 102, 102); text-align: justify;\"><p>Since Nortel began it&#8217;s disastrous fall from grace nine years ago, its CEOs have either retired wealthy, faced criminal charges or disappeared into the woodwork. None has managed to reverse the slide. Yet despite their uninterrupted record of miserable failure, they they all seem to get paid, and retain their unshakeable belief that people like themselves are essential, while everyone else is expandable. <\/p><\/blockquote>\n<p>And what about the board of directors, who acted on behalf of shareholders? <a href=\"http:\/\/www.markevanstech.com\/2009\/06\/22\/mike-zafirovskis-nortel-legacy-fail\/\">Mark Evans<\/a> and <a href=\"http:\/\/www.ottawacitizen.com\/Business\/Nortel+missed+opportunity\/1719063\/story.html\">James Bagnall<\/a> have more. <\/p>\n<div><\/div>\n<div>In the interests of disclosure, I had a Nortel pension coming to me &#8211; I was supposed to begin to receive $25 per month in September, 2017. And that was 25 real American dollars!<\/p>\n<p><span style=\"color: rgb(51, 204, 0);font-size:78%;\">Technorati Tags:<br \/><a href=\"http:\/\/technorati.com\/tag\/Nortel\" rel=\"tag\">Nortel<\/a><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>There is a brief commentary on the National Post blogs by Kelly McParland, writing about executive compensation at Nortel through all of its angst. The article is worth a read. Since Nortel began it&#8217;s disastrous fall from grace nine years ago, its CEOs have either retired wealthy, faced criminal charges or disappeared into the woodwork. &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=197\"> <span class=\"screen-reader-text\">Nortel executive retention plans<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-197","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nortel executive retention plans &#8226; Telecom Trends<\/title>\n<meta name=\"description\" content=\"There is a brief commentary on the National Post blogs by Kelly McParland, writing about executive compensation at Nortel through all of its angst.The &#8226; June 23, 2009\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=197\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nortel executive retention plans &#8226; Telecom Trends\" \/>\n<meta property=\"og:description\" content=\"There is a brief commentary on the National Post blogs by Kelly McParland, writing about executive compensation at Nortel through all of its angst.The &#8226; June 23, 2009\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mhgoldberg.com\/blog\/?p=197\" \/>\n<meta property=\"og:site_name\" content=\"Telecom Trends\" \/>\n<meta property=\"article:published_time\" content=\"2009-06-23T06:52:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/a123.g.akamai.net\/f\/123\/12465\/1d\/www.nationalpost.com\/_assets\/images\/header-full_comment.gif\" \/>\n<meta name=\"author\" content=\"Mark Goldberg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mark_goldberg\" \/>\n<meta name=\"twitter:site\" content=\"@mark_goldberg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Goldberg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197\"},\"author\":{\"name\":\"Mark Goldberg\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#\\\/schema\\\/person\\\/3fb9ac7e53dc710f23be648a3b1ab4d7\"},\"headline\":\"Nortel executive retention plans\",\"datePublished\":\"2009-06-23T06:52:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197\"},\"wordCount\":152,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/a123.g.akamai.net\\\/f\\\/123\\\/12465\\\/1d\\\/www.nationalpost.com\\\/_assets\\\/images\\\/header-full_comment.gif\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197\",\"url\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=197\",\"name\":\"Nortel executive retention plans &#8226; 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