is appointed as EVP and chief financial officer at Nortel. With more than 25 years of experience in business finance, Pavi has held the position of CFO at Hanson PLC and Marconi PLC. He spent the majority of his career at Diageo PLC, a global consumer goods company that owns premium drink brands such as Smirnoff, Johnny Walker, Guinness and Bailey’s. Pavi will be joining Nortel from his position of group financial director (CFO) at Hanson PLC, which is one of the world’s leading suppliers of aggregates and heavy building materials. He will also be appointed executive vice president and CFO of Nortel Networks Ltd., Nortel’s principal operating subsidiary. David Drinkwater, who has been acting CFO, is returning to the position of chief legal officer.