Posted Feb. 7, 2013 at 6:39 a.m.

Premium Lock Alcatel-Lucent CEO quitting after turnaround effort fails

Published: 2013-02-07 06:39:58
Updated: 2013-02-07 06:39:58

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Alcatel-Lucent SA Chief Executive Officer Ben Verwaayen will step down after 4 1/2 years of efforts to turn around the phone-equipment maker failed to stem a slump in cash reserves and withstand global competition....

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