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Alcatel-Lucent Names Ben Verwaayen as CEO

Alcatel-Lucent's Board of Directors have 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. Ben Verwaayen's office will be in the company's headquarters in Paris. 

Philippe Camus, 60 is a French national and a US resident. 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 Lagardere, an international media group, and a partner of Evercore Partners, a New York based investment and advisory firm.  

Commenting on his appointment, Philippe Camus said: "Alcatel-Lucent is an undisputed worldwide leader in the telecommunications industry. I am looking forward to contributing to the company's strategic positioning in the context of an industry with challenges but also great opportunities. Our top priority with the Board will be to bring full support to Ben Verwaayen in his new mission."  

Ben Verwaayen, 56 is a Dutch national and has intensive telecommunications and IT experience spanning many years. He was CEO of BT from February 2002 to June 1, 2008.  

Ben was formerly vice-chairman of the management board of Lucent Technologies in the US, which he joined in September 1997. Prior to that, he worked with KPN in the Netherlands for nine years as president and managing director of its telecom subsidiary, PTT telecom. Before that, Ben worked for ITT, a predecessor of Alcatel.

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