Alcatel Chief Seeks Fast Proof He Can Break Restructuring Curse
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There’s one thing Alcatel-Lucent SA’s new Chief Executive Officer Michel Combes knows he doesn’t have on his side -- time.
Combes has promised Alcatel-Lucent will have positive free cash flow and be more tightly focused on its most remunerative businesses once his three-year turnaround plan, unveiled this week to analysts in Paris, is fully executed.