Alcatel-Lucent appoints Jean Raby as Chief Financial & Legal Officer
Aug 29, 2013
Jean Raby served as a Partner and Managing Director in the Investment Banking Division at Goldman Sachs until the end of 2012. In this position, he built relationships and provided strategic and corporate finance advice to clients across multiple industry sectors, including in telecom and information technologies. Previously, he worked as an associate attorney with Sullivan & Cromwell from 1989 to 1996. Jean Raby was born and raised in Canada. He holds a LLB from the Université Laval in Quebec City, a MPhil in International Relations from the University of Cambridge in the UK and a LLM from the Harvard Law School. He was admitted to the New York Bar in 1988.
Michel Combes said: "I am delighted to welcome Jean to the Alcatel-Lucent team at this particularly significant and important moment for the Group. His extensive knowledge of the industry and his deep understanding of global financial markets in the widest sense will be of great value as we drive ahead with the implementation of the Shift Plan announced in June and in particular our objectives to reach €1 billion of selective asset sales, €2 billion of debt refinancing and €2 billion of debt reduction before the end of 2015”.
Michel Combes added: "The appointments of Philippe Guillemot as Chief Operations Officer in June and now Jean Raby as Chief Financial & Legal Officer bring first class outside experience and fresh perspectives that will enable us to better capitalise on the outstanding knowledge and skills already present across the Alcatel-Lucent group."
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
Alcatel-Lucent is at the forefront of global communications, providing products and innovations in IP and cloud networking, as well as ultra-broadband fixed and wireless access to service providers and their customers, enterprises and institutions throughout the world.
Underpinning Alcatel-Lucent in driving the industrial transformation from voice telephony to high-speed digital delivery of data, video and information is Bell Labs, an integral part of Alcatel-Lucent and one of the world’s foremost technology research institutes, responsible for countless breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent innovations have resulted in the company being recognized by Thomson Reuters as a Top 100 Global Innovator, as well as being named by MIT Technology Review as amongst 2012’s Top 50 “World’s Most Innovative Companies”. Alcatel-Lucent has also been recognized for innovation in sustainability, being ranked Technology Supersector Leader by the Dow Jones Sustainability Index in 2012 for making global communications more sustainable, affordable and accessible, all in pursuit of the company’s mission to realize the potential of a connected world.
With revenues of Euro 14.4 billion in 2012, Alcatel-Lucent is listed on the Paris and New York stock exchanges (Euronext and NYSE: ALU). The company is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.
Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.