Alcatel-Lucent CEO steps down

07 February 2013


Alcatel-Lucent chief Ben Verwaayen is to step down in May after failing to improve the company’s performance.

The decision was made during a board meeting on Wednesday ahead of the publication of Alcatel’s financial results. The ailing equipment maker made a net loss of €1.2 billion in the last three months of 2012.

Philippe Camus, chairman of the Alcatel-Lucent Board, said...



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