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Jean C. Monty to be appointed as Vice-Chairman of the Board
Paris, February 22, 2013 – Alcatel-Lucent’s Board of Directors
(Euronext Paris and NYSE: ALU) has today approved the appointment of Michel
Combes as the company’s new Chief Executive Officer, effective April 1,
2013. Michel Combes will also join the company’s Board of Directors,
subject to the approval of shareholders at the Alcatel-Lucent annual general
meeting on May 7, 2013.
Michel Combes, 51 has more than 20 years of experience in the
telecommunications industry on a worldwide basis. He was Chief Executive
Officer of Vodafone Europe and a Board member of Vodafone PLC. During his
career, he has held the positions of Chairman and CEO of TDF as well as Chief
Financial Officer and Senior Executive Vice President of France Telecom.
Philippe Camus, Chairman of the Board said: “It is a great pleasure for us to welcome Michel Combes to
Alcatel-Lucent. As chief executive he 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,
while meeting customer needs with disruptive innovation. I would like to warmly
thank Ben Verwaayen for his years of service for the company and wish him all
the best for his future endeavors. Ben and Michel will work closely together
over the next few weeks to ensure a smooth transition.”
Michel Combes said : “Alcatel-Lucent is an unrivalled technology leader in
the telecommunications industry with an immense array of talent and
capabilities in R&D facing major challenges. This is a company I know well
and I look forward to succeeding Ben, working with the key international
customers, and driving the business into sustained profitability for its
customers, employees and shareholders.”
Effective immediately, Alcatel-Lucent’s Board of Directors also approved the
appointment of Jean C. Monty as Vice-Chairman of the Board.
Jean C. Monty, 64 is a Canadian national. He began his career at Bell Canada
in 1974 and held numerous positions in the BCE (Bell Canada Enterprises) group.
He joined Nortel Networks Corporation in October 1992 as President and Chief
Operating Officer before being nominated President and Chief Executive Officer
in March 1993. On April 24, 2002, Mr. Monty, then Chairman of the Board and
Chief Executive Officer of Bell Canada Enterprises, retired after a 28-year
career.
Philippe Camus concluded: “We are fortunate to have such an experienced
colleague to support Michel Combes in his new role. I’m looking forward to
working more closely with Jean and I’m convinced Alcatel-Lucent will benefit
from his incredible knowledge of our business.”
About Michel Combes
Michel Combes has been previously Chief Executive Officer, Europe Region, of
Vodafone since October 2008 and was appointed to the Board in June 2009.
He began his career at France Telecom in 1986 in the External Networks
Division, and then moved to the Industrial and International Affairs
Division.After being technical advisor to the French Minister of Transportation
from 1991 to 1995, he served as Chairman and Chief Executive Officer of
GlobeCast from 1995 to 1999.
He was Executive Vice President of Nouvelles Frontières Group from December
1999 until the end of 2001 when he moved to the position of Chief Executive
Officer of Assystem-Brime, a company specializing in industrial
engineering.
He returned to France Telecom Group in January 2003 as Chief Financial
Officer and Senior Executive Vice President. Until January 2006, he was Senior
Executive Vice President, in charge of NExT Financial Balance & Value
Creation and a member of the France Telecom Group Strategic Committee. From
2006 to 2008, he was Chairman and Chief Executive Officer of TDF Group.
Michel Combes is Chairman of the Supervisory Board of Assystem SA in France
and serves as a non-Executive director on the board of ISS and MTS.
About Jean C. Monty
Jean C. Monty holds a Bachelor of Arts degree from Collège Sainte-Marie of
Montréal, a Master of Arts in economics from the University of Western Ontario,
and a Master of Business Administration from the University of Chicago.
Jean C. Monty began his career at Bell Canada in 1974 and held numerous
positions in the BCE group. He joined Nortel Networks Corporation in
October 1992 as President and Chief Operating Officer before being
nominated President and Chief Executive Officer in March 1993. On
April 24, 2002, Mr. Monty, then Chairman of the Board and Chief
Executive Officer of Bell Canada Enterprises (BCE Inc.), retired after a
28-year career. He is a member of the Board of Directors of Bombardier Inc.
since 1998, and a member of the Board of Director of Fiera Capital Inc. He is
also a member of the International Advisory Board of the école des Hautes
Études Commerciales. He was appointed a member of the Order of Canada for his
contribution to business, public interests and community affairs. In
recognition of these achievements, he was elected Canada’s Outstanding CEO of
the Year for 1997. In addition, he was inducted into the Académie des Grands
Montréalais.
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