Paris, November 26, 2008 – Alcatel-Lucent (Euronext Paris and NYSE:
ALU) today announced that Hubert de Pesquidoux, CFO and President of Enterprise
business, has decided to leave the company to pursue other opportunities. As of
December 1st, 2008, Paul Tufano, a senior executive of 30 years of
experience in international finance, will join the company as Executive Vice
President, CFO. He will be a member of the company’s management committee and
his office will be in the company’s headquarters in Paris, France.
« We are very sad to see Hubert leaving our company. He has contributed
to strengthening our financial position and developing our Enterprise business
worldwide. I wish him great success in his new personal projects,” said Ben
Verwaayen, Alcatel-Lucent’s CEO. “ We are welcoming Paul in our management
committee. He is a very well regarded executive in the financial community with
a broad knowledge of our industry. His professional experience should help us
further improving our profitability over the long term. »
« I am extremely delighted to be joining Alcatel-Lucent. Despite a
challenging environment, the company has great opportunities. I’m very excited
and committed to contribute to this success. I’m looking forward joining this
talented team of professionals, » said Paul Tufano.
Paul Tufano served as Executive Vice President and Chief Financial Officer
of Solectron Corporation ("Solectron") from January 2006 to October 2007 and as
Interim Chief Executive Officer from February 2007 to October 2007. Prior to
joining Solectron, Paul Tufano was President and Chief Executive Officer at
Maxtor Corporation from February 2003 to November 2004. Prior to that time, he
served as Executive Vice President and Chief Operating Officer from April 2001
and as Chief Financial Officer from July 1996 at Maxtor Corporation. From 1979
until he joined Maxtor Corporation in 1996, Paul Tufano held a variety of
management positions in finance and operations at IBM.
Paul Tufano holds a Bachelor of Science in Economics from St. John’s
University in New York and a Masters of Business Administration, Finance,
Accounting and International Business from Columbia University in New York.