Light Reading
A report out of France says the AlcaLu board will have Ben Verwaayen step down in May

CEO Verwaayen to Step Down at Alcatel-Lucent

Craig Matsumoto
News Analysis
Craig Matsumoto
2/6/2013
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Barack Obama might not be a one-termer, but Ben Verwaayen is. Alcatel-Lucent's board voted Wednesday to accept Verwaayen's decision to step down as CEO, French paper Le Monde reported late Wednesday night, Paris time. (Here's an English rendition, published by Reuters.) He may hand over to his successor at the vendor's annual shareholders' meeting on May 7. Verwaayen became CEO of AlcaLu on Sept. 15, 2008. Light Reading will publish more on this story as it develops. Meanwhile, catch up on AlcaLu's recent ups and downs (mostly downs):

— Craig Matsumoto, Managing Editor, Light Reading
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rgrutza600
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rgrutza600,
User Rank: Lightning
2/7/2013 | 3:56:10 PM
re: CEO Verwaayen to Step Down at Alcatel-Lucent
Here is an idea for whomever the new CEO is. -Quit selling equipment at a loss.-
^ip4g^
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^ip4g^,
User Rank: Lightning
2/7/2013 | 3:18:50 PM
re: CEO Verwaayen to Step Down at Alcatel-Lucent
Knowing ben and his vision for AlcaLu ... I guess it's been a rough ride
Surprising that he is no execution stuff ...
Gabriel Brown
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Gabriel Brown,
User Rank: Light Sabre
2/7/2013 | 8:29:41 AM
re: CEO Verwaayen to Step Down at Alcatel-Lucent
Any thoughts on Verwaayen's tenure at ALU?
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