Alcatel faces daunting task in finding new CEO

02/8/2013 | Bloomberg Businessweek

Alcatel-Lucent CEO Ben Verwaayen's decision against renewing his contract after it expires in May has left the gear-maker's board scrambling to find a replacement after months of informal inquiries failed to turn up viable candidates, according to a published report. The company is reportedly searching for an American or European with industry experience, but Alcatel's needs, along with Verwaayen's struggles, have kept qualified executives at arm's length, Marie Mawad writes.

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