News - Pat Russo
By Bertrand, I Letter to the Editor As an employee of Alcatel-Lucent, and I think colleagues will agree, [Alcatel-Lucent CEO] Pat Russo cannot walk away with her head held high! [NJBIZ Editorial, Aug.
By Daks, Martin C Former New Jersey resident Pat Russo will step down by year-end as chief executive officer of Alcatel-Lucent according to an announcement last week by the Paris-based telecommunications equipment company And Serge Tchuruk, AlcatelLucent's non-executive chairman, will resign Oct 1.
By Leslie Cauley NEW YORK -- The chiefs of Paris-based Alcatel, one of the world's largest telecom equipment makers, and merger partner Lucent, an American telecom icon whose roots date back to Alexander Graham Bell, are stepping down.
By Anonymous Last week when Paris-based Alcatel-Lucent announced a $366.9 million loss for the third quarter, a 4,000-person job cut and the ouster of its chief financial officer, it may have been like deja vu for Chief Executive Officer Pat Russo.
Alcatel-Lucent CEO Pat Russo has been given until October 30 to present an emergency restructuring plan to the board, rattled by three profit warnings this year and a collapsing share price.
