Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Alcatel Lucent    ALU   FR0000130007

Delayed Quote. Delayed  - 09/28 05:36:46 pm
3.5 EUR   --.--%
09/28 ALCATEL LUCENT : Nokia has launched its public buy-out offer for all..
09/26 ALCATEL LUCENT : Alcatel-Lucent
09/15 GLOBAL SMART RA : Alcatel-Lucent, DB International, Hitachi, Ansaldo..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Alcatel-Lucent Appoints Michel Combes as CEO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/22/2013 | 08:15am CEST
   By Nadya Masidlover 
 

PARIS--Telecom-equipment maker Alcatel-Lucent (>> Alcatel Lucent SA) said Friday that it has appointed Michel Combes, former head of Vodafone PLC's European operations, as Chief Executive.

In a statement, the company said the appointment will be effective from April 1, adding that Mr. Combes will also join the company's board of directors, subject to the approval of shareholders at the annual general meeting in May.

The move comes after Alcatel-Lucent announced earlier this month that Ben Verwaayen would step down as chief executive, following a tumultuous run of under five years in which the telecom-gear company racked up billions of euros in losses.

On Friday, board Chairman Philippe Camus said in a statement that incoming Mr. Combes "will be responsible for delivering sustainable profitability. His deep knowledge of the industry as well as his experience of major business and financial transformation at a worldwide level will be pivotal in helping the company pursue its aggressive transformation."

Mr. Combes, 51, held the position of Chief Executive Officer of Vodafone Europe and was a board member of Vodafone PLC (>> Vodafone Group plc), Alcatel-Lucent said.

He also held the positions of Chief Financial Officer and Senior Executive Vice President of France Telecom (>> France Telecom SA).

Alcatel-Lucent said directors also approved the appointment of Jean C. Monty--former chairman of the board and Chief Executive Officer of Bell Canada Enterprises--as Vice-Chairman of its board, effective immediately.

Write to Nadya Masidlover at nadya.masidlover@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Alcatel Lucent SA, Vodafone Group plc, France Telecom SA
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALCATEL LUCENT
09/28 ALCATEL LUCENT : Nokia has launched its public buy-out offer for all the securit..
09/26 ALCATEL LUCENT : Alcatel-Lucent
09/15 GLOBAL SMART RAILWAYS SYSTEM MARKET : Alcatel-Lucent, DB International, Hitachi..
09/13 ALCATEL-LUCENT : results of Shareholder's meetings of September 13, 2016
09/13 ALCATEL LUCENT : Lucent held an Extraordinary Shareholders' Meeting and an Ordin..
09/08 Policy Management Software Market 2016 - Tekelec, Amdocs, Openet, Huawei Tech..
09/06 ALCATEL LUCENT : Nokia compte racheter les dernières actions Alcatel-Lucent
09/02 ALCATEL LUCENT : hires new leaders to head enterprise sales, marketing and commu..
09/01 ALCATEL LUCENT : hires Matthieu Destot for sales, marketing and business divisio..
08/29 Nokia Q2 Net Sales Income to EUR673mn in China
More news
Sector news : Communications & Networking - NEC
09/28DJApple and Deloitte Form Enterprise Service
09/26DJApple Goes Without a Lobby Into European Fray
09/25DJApple to Battle EU Regulator Without Usual Lobbying Army
09/22DJCISCO : Salesforce Announce Cloud Integration
09/20DJCorrection to GE Talent Story
More sector news : Communications & Networking - NEC
News from SeekingAlpha
02/18 NOKIA : Just The Beginning Of The Synergy Story
02/12 WALL STREET BREAKFAST : How Will The Wild Week End?
02/11 Nokia, Alcatel-Lucent higher after EPS beats; margins, cash flow jump
02/11 Alcatel-Lucent beats by $0.13
02/10 Notable earnings before Thursday?s open
Advertisement
Financials (€)
Sales 2016 14 737 M
EBIT 2016 1 057 M
Net income 2016 697 M
Finance 2016 2 081 M
Yield 2016 -
P/E ratio 2016 13,46
P/E ratio 2017 11,67
EV / Sales 2016 0,70x
EV / Sales 2017 0,59x
Capitalization 12 386 M
More Financials
Chart ALCATEL LUCENT
Duration : Period :
Alcatel Lucent Technical Analysis Chart | ALU | FR0000130007 | 4-Traders
Full-screen chart
Technical analysis trends ALCATEL LUCENT
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 5,00 €
Spread / Average Target 43%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Olivier Durand Chief Executive Officer & Chief Financial Officer
Marc Rouanne Chairman
Philippe Guillemot Chief Operating & Sales Officer
Carla Cico Independent Director
Jean-Cyril Spinetta Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALCATEL LUCENT-4.11%13 928
CISCO SYSTEMS, INC.15.93%155 796
QUALCOMM, INC.26.66%91 823
TELEFONAKTIEBOLAGET LM..-28.49%23 001
MOTOROLA SOLUTIONS INC11.50%12 663
HARRIS CORPORATION5.39%11 138
More Results