Only Trailblazers Need Apply

The last act came abruptly. On Apr. 18, the board of French telecom giant Alcatel Alsthom replaced embattled Chief Executive Pierre Suard with a temporary chief, Marc Vienot. The board members--the elite of French industry--had little choice, since judges had ordered Suard to sever all contacts with Alcatel following a series of investigations over charges of fraud and corruption.

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