Financial Times FT.com

Russo under pressure at Alcatel

By Peggy Hollinger and Pan Kwan Yuk in Paris

Published: September 13 2007 08:10 | Last updated: September 13 2007 21:36

Patricia Russo, the US-born chief executive of Alcatel-Lucent, is coming under pressure from French board members to bolster her management team after the telecommunications equipment supplier on Thursday issued its third profit warning this year.

It is understood that executives in the Paris-based headquarters of the Franco-American group have become increasingly frustrated by Ms Russo’s absences as she divides her time between France and the US.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this