Nortel Names Broadcom Executive as New Chief Technology Officer
Posted June 23, 2006 1:27 a.m. EDT
RESEARCH TRIANGLE PARK, N.C. — John Roese, an executive with Broadcom, is the new chief technology officer at telecom gear manufacturer
Roese will be responsible for Nortel's research and development strategy. He is the final member of Nortel's management team to be put in place by new Chief Executive Officer Mike Zafirovski.
"Nortel has a rich and powerful heritage in innovation. As CTO, John will represent the heart and soul of that innovation engine and become the spiritual leader for our more than 12,000 engineers and developers," Zafirovski said in a statement.
"In John I have found both a technology visionary and a results-oriented leader with a proven track record in driving technology strategy, product line rationalization and engineering process realignment," Zafirovski added. "He will play a pivotal role on the team as we work together to drive leadership in next-generation mobility, enterprise infrastructure, and services and applications."
Roese was vice president and CTO for networking technologies at Broadcom. He has also worked as CTO at Enterasys Networks and Cabletron.
An inventor, Roese has 16 patents or patents pending in policy management, location based networking, and other areas of communications.
Also on Wednesday, Nortel announced it is closer to final settlement of class-action lawsuits filed against the company. The settlements include cash and Nortel stock worth more than $2.4 billion.