The former chief executive officer of Vodafone Europe Michel Combes will take the helm of network equipment maker Alcatel-Lucent as its new CEO on 1 April.
Combes, who will replace Ben Verwaayen, will also join the company’s board of directors, subject to the approval of shareholders at the Alcatel-Lucent annual general meeting on 7 May.
“It is a great pleasure for us to welcome Michel Combes to Alcatel-Lucent,” said chairman of the board Philippe Camus.
“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,” Camus added.
Combes (51) has more than 20 years of experience in the telecommunications industry. He also served as a board member of Vodafone PLC and has held the positions of chairman and CEO of TDF, as well as CFO and senior executive vice-president of France Telecom.
Michel Combes. Image via Vodafone