Tuesday, October 30, 2007

Alcatel-Lucent Announces Senior Management Change

Alcatel-Lucent has named Hubert de Pesquidoux as its new Chief Financial Officer (CFO), replacing Jean-Pascal Beaufret, who is leaving the company to pursue other opportunities. Hubert de Pesquidoux currently leads the Enterprise Group of Alcatel-Lucent.

As part of its plan to improve profitability it has streamlined its regional structure, the company will create two regional structures, one for the Americas and one that includes Asia Pacific, Europe, Africa and the Middle East. Frederic Rose, who currently heads the Asia-Pacific Region, will assume additional responsibilities for the company's current Europe & North and Europe & South regions. Cindy Christy, will lead the Americas Region. Frederic Rose and Cindy Christy will continue to report directly to Patricia Russo. Olivier Picard, head of the Europe and South region will continue to oversee the Europe and South region, reporting to and serving as deputy to Frederic Rose. Christian Reinaudo, head of the Europe and North region, will be leaving the company to pursue other opportunities.

In addition, CEO Patricia Russo has established a seven-member management committee reporting directly to her to lead the overall operation of the company. The management committee will comprise seven business leaders: Cindy Christy, Americas Region; Etienne Fouques, who oversees Research, CTO, Strategy and Corporate Marketing; John Meyer, head of Services; Claire Pedini, head of Corporate Human Resources and Communications; Hubert de Pesquidoux, CFO; Michel Rahier, who leads the Carrier Business Group; and Frederic Rose, Europe, Middle East, Africa and Asia Pacific. Janet Davidson, Chief Compliance Officer and head of the Integration and IT, will serve as secretary for the committee.