Alcatel Makes Management Moves

PARIS -- Alcatel (Paris: CGEP.PA and NYSE: ALA) today announced the appointment of Krish Prabhu as director of the company in place of Jacques Friedmann who resigns for personal reasons. The board expressed its gratitude to Jacques Friedmann, director since 1992, for his remarkable contribution to the board's duties. Krish Prabhu has decided, for personal reasons, to resign from his role of Chief Operating Officer of the company as of August 31, 2001. Krish Prabhu joined Alcatel in 1991 through Alcatel's acquisition of Rockwell International's telecommunications business. Prior to becoming COO in 1999, Krish Prabhu held a number of executive positions within the United States and Europe. "I am very proud of what we have achieved in making Alcatel a global networking leader and I look forward to the opportunity to serve on Alcatel's Board," said Krish Prabhu. "While resigning my current position is difficult for me from a professional standpoint, I have made a decision that will provide me better balance in my personal life, enabling me to spend more time with my family and become more involved in other activities in Dallas."Alcatel SA
Be the first to post a comment regarding this story.
Sign In