found a new chief financial officer.
Peter Currie, former top bookkeeper at RBC Financial, will replace CFO Bill Kerr on Feb. 14, Nortel said in a press announcement Thursday. This will be the second stint at Nortel for Currie, who held the CFO job from 1994 to 1997.
The Brampton, Ont.-based telecom-equipment maker recently fixed some of its books after a lengthy accounting scandal that led to the firing of 10 executives.
Kerr was brought in last year as CFO to help clear up the accounting records and restate financials for the three prior years. Kerr will stay on as a special adviser to CEO Bill Owens.
Hoping to restore some lost credibility, Owens says the new CFO Currie is a well-regarded financial officer who brings "significant depth in both statutory and management reporting in Canada and the United States."
Also, Nortel controller MaryAnne Pahapill, who has served in the company's finance department for the past several years, will leave the company next month. Her interim replacement will be Assistant Controller Karen Sledge.