Business Services Industry
Lucent Shuffles Its Senior Management Team in Effort to Streamline.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, November, 2000 by Johnson, Tom
Nov. 8--Lucent Technologies yesterday revamped its senior management team in an effort to streamline the world's largest maker of communications equipment and quicken the pace of decisionmaking.
The changes, the first executive shuffling engineered by new Chairman and Chief Executive Officer Henry Schacht since replacing Rich McGinn late last month, will broaden the responsibilities of three top executives at the Murray Hill-based company.
McGinn was fired by Lucent after the company issued its fourth profit warning of the year. Lucent, which exceeded earnings forecasts for 15 consecutive quarters before stumbling this past January, missed a crucial product cycle in the red-hot optical networking market and has had trouble building equipment fast...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
