Alcatel-Lucent CEO Ben Verwaayen stepping down
Alcatel-Lucent announced today that Ben Verwaayen is resigning after serving four years as CEO of the Franco-American network equipment maker.
The imminent resignation of Verwaayen, who will stay on while the company's board searches for a replacement, was previously reported by The Wall Street Journal.
"Alcatel-Lucent has been an enormous part of my life," Verwaayen said in a company statement. "It was therefore a difficult decision to not seek a further term, but it was clear to me that now is an appropriate moment for the Board to seek fresh leadership to take the company forward.&… Read more