Reports: Alcatel searching for new CEO:

04/30/2008 | Light Reading

Telecom-equipment maker Alcatel-Lucent is eyeing BT Group outgoing CEO Ben Verwaayen as a possible replacement for its current CEO, Pat Russo, according to published reports. The reports say investors have pressured the company to replace Russo in the wake of a 56% decline in the company's stock price after its 2006 merger.

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The Weather Channel
Atlanta, GA