Age, Biography and Wiki

Mike Zafirovski was born on 14 November, 1953 in Skopje, Socialist Federal Republic of Yugoslavia, is an American business executive. Discover Mike Zafirovski's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 70 years old?

Popular As N/A
Occupation N/A
Age 70 years old
Zodiac Sign Scorpio
Born 14 November, 1953
Birthday 14 November
Birthplace Skopje, Socialist Federal Republic of Yugoslavia
Nationality

We recommend you to check the complete list of Famous People born on 14 November. He is a member of famous Business Executive with the age 70 years old group.

Mike Zafirovski Height, Weight & Measurements

At 70 years old, Mike Zafirovski height not available right now. We will update Mike Zafirovski's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Wife Not Available
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Mike Zafirovski Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Mike Zafirovski worth at the age of 70 years old? Mike Zafirovski’s income source is mostly from being a successful Business Executive. He is from . We have estimated Mike Zafirovski's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Business Executive

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Timeline

1953

Mike Svetozar Zafirovski (born November 14, 1953 ) is a Macedonian American business executive.

Zafirovski was born in Skopje, in the Socialist Federal Republic of Yugoslavia (the present-day capital of Macedonia).

1969

He immigrated to United States in 1969, arriving in Cleveland, Ohio with his family, $1500 among them and speaking no English.

Two years later, he entered Edinboro University on a swimming scholarship.

1975

Zafirovski spent 24 years with General Electric, starting in 1975, where he went through GE's Jack Welch-style leadership training programs and served in various management positions.

1996

Between 1996 and 1999, he was head of the European division of GE Lighting, during which time the division posted record profits.

1999

He was then promoted to his last position at GE, as president and CEO of GE Lighting from July 1999 to May 2000.

2000

Afterwards, he joined Motorola, serving as Executive Vice President and President of the Personal Communications Sector from June 2000 until July 2002.

2002

In 2002, he was passed over for the promotion to Chief Operating Officer for Edward Breen, but Breen quit later that year and Zafirovski was given the title in July 2002.

2004

In 2004, he received the Ellis Island Medal of Honor.

His success in the PCS division among other achievements at Motorola, seemed to make him a perfect candidate for the CEO position but the title went to Edward Zander on January 5, 2004.

He was elected to the Board of Directors at Boeing on October 25, 2004.

2005

Zafirovski resigned on January 12, 2005.

He was a consultant to and a director of Motorola from then until May 2005.

When Zafirovski was chosen to head up Nortel Networks in early October, Motorola filed a suit against him, alleging that his new position would break the terms of the non-disclosure agreement he had signed.

As part of that agreement, he had received a payoff from Motorola.

The payoff had a clawback element should Zafirovski return to work within a defined period he would agree to refund a percentage of the payoff.

The problem was he did not want to refund any of the money.

As a consequence Nortel agreed to pay $11.5 million on his behalf.

Zafirovski became the President and Chief Executive Officer of Nortel Networks, replacing Bill Owens as of November 15, 2005.

2007

In July 2007 President George W. Bush appointed Zafirovski to the National Security Telecommunications Advisory Committee.

2009

Zafirovski announced he was stepping down as CEO of Nortel on August 10, 2009, following the sale of the company's CDMA and LTE businesses to Ericsson as part of a bankruptcy restructuring process.

During Zafirovski's entire career at Nortel his email and company profile were compromised by hackers, most likely working for the Chinese Government.

In August 2009, Mike Zafirovski sought a $12 million payout from Nortel.

At the same time, employees who had worked for years with the company lost their jobs with no compensation at all.