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January 21, 2008 |
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ALCATEL-LUCENT SA: Names Andy Williams as Services Biz Chief Alcatel-Lucent S.A. disclosed that Andy Williams will become President of the company's Services Business. He will be a member of the management committee. He replaces John Meyer who is leaving the company to become the CEO and President of Acxiom Corporation. Andy Williams currently heads the Network Operations business globally for Alcatel-Lucent's Services group. "Andy Williams is a very experienced business leader with extensive knowledge of the communications industry," said Pat Russo, CEO of Alcatel-Lucent. "Throughout his career Andy Williams has had a broad set of experiences including senior positions running a large Services business, identifying and assessing business opportunities, creating solutions and developing and transforming businesses." Andy Williams headed the former Lucent Technologies European business, responsible for all of the company's activities in the region. He joined the company in 2005 from IBM, where he worked for 25 years and held a number of senior leadership positions. Prior to joining the former Lucent company, he served as general manager of the Public Sector Services business in EMEA, part of IBM Global Services. His was responsible for the overall region IT services business in Public Sector, including profit and loss, consulting, systems integration and strategic outsourcing. Andy Williams holds degrees in mathematics from Cambridge University in the U.K. About Alcatel-Lucent Headquartered in Paris, France, Alcatel-Lucent S.A. -- http://www.alcatel-lucent.com/ -- provides solutions that enable service providers, enterprises and governments worldwide to deliver voice, data and video communication services to end users. Alcatel-Lucent maintains operations in 130 countries, including, Austria, Germany, Hungary, Italy, Netherlands, Ireland, Canada, United States, Costa Rica, Dominican Republic, El Salvador, Guatemala, Peru, Venezuela, Indonesia, Australia, Brunei and Cambodia. * * * As reported in the TCR-Europe Nov. 9, 2007, Moody's Investors Service downgraded to Ba3 from Ba2 the Corporate Family Rating of Alcatel-Lucent. The ratings for senior debt of the group were equally lowered to Ba3 from Ba2 and the trust preferred notes of Lucent Technologies Capital Trust I have been downgraded to B2 from B1. At the same time, Moody's affirmed its Not-Prime rating for short-term debt of Alcatel-Lucent. Moody's said the outlook for the ratings is stable. Alcatel-Lucent's Long-Term Corporate Credit rating and Senior Unsecured Debt carry Standard & Poor's Ratings Services' BB rating. Its Short-Term Corporate Credit rating stands at B. |
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