Harry Pearce Quotations

Hybrid propulsion is just one of the technologies that we can introduce to meet the performance expectations of our customers, yet protect this planet that we all count on to sustain us.

Our intent is to achieve a fair resolution of these lawsuits and avoid a prolonged, uncertain and costly litigation process. A final settlement would remove a significant impediment to Nortel's future success and allow ... the Nortel team to move forward.

We needed stability, to be very transparent in our commitment to the future of the company. It was very important in my judgment that we not prolong the process. It had to be a high-quality search but we had to move quickly.

We worked in good faith to resolve this issue with Motorola and we are very pleased with the successful outcome, ... The Board selected Mike as we believe he is the best candidate to assume the role of president and CEO and we have every confidence in him. We look forward to a great future together.

We would like to take cars out of the environmental debate.

Bill re-established stability within Nortel and credibility with all its stakeholders, ... Mike can now build for the future on the strong foundation Bill Owens has given us.

Due to rapid consolidation in the media and telecommunications industries, GM is now considering alternative strategic transactions involving Hughes and other participants in those industries, ... Any such transaction might involve the separation of Hughes from General Motors.

Quite frankly, but for Bill Owens' efforts in this regard, I'm not sure we'd be sitting here today,

At a moment of great challenge and enormous need in the history of this company, the Board turned to one of its own, whose long career embodied the highest levels of trust, integrity and distinguished leadership, ... We needed an experienced, steady hand and Bill delivered. On behalf of our Board, our employees, investors, partners and customers, we will be forever grateful.

He's the right leader to build on the important work of Bill Owens -- and take Nortel to the next level.

It's simple -- we lead in truck fuel economy today and General Motors intends to remain the leader in five years.

We have absolutely not delivered on our commitment with respect to (U.S.) market share.