Alcatel-Lucent (ALU) Names Philippe Camus Company Chairman

September 2, 2008 7:41 AM EDT

Alcatel-Lucent's Board of Directors (NYSE: ALU) approved the appointment of Philippe Camus as the company's non-executive Chairman as of October 1st, 2008. Ben Verwaayen is appointed as the company's chief executive officer. Ben will also join the company's Board of Directors.

Philippe Camus, 60 is a French national and a US resident. He is a seasoned business leader whose international experience spans several industries. He was the Co-CEO at European Aeronautic Defense and Space Company (EADS) and managed a large, global business in the high-tech industry. He is Co-Managing Partner of Lagardère, an international media group, and a partner of Evercore Partners, a New York based investment and advisory firm.

Alcatel Lucent provides product offerings that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end users. [SM]


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