French CEO Pay Debate Revived as Combes Package Gets Criticism

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Alcatel-Lucent SA Chief Executive Officer Michel Combes, speaks to chairman of Alcatel-Lucent SA Philippe Camus. As Philippe Camus often says -- all European champions cant be French, Alcatel Chief Executive Officer Michel Combes said Wednesday at a press conference in Paris. Nokia seemed to be the best opportunity for Alcatel. Photographer: Kosuke Okahra/Bloomberg
Alcatel-Lucent SA Chief Executive Officer Michel Combes, speaks to chairman of Alcatel-Lucent SA Philippe Camus. “As Philippe Camus often says -- all European champions can’t be French,” Alcatel Chief Executive Officer Michel Combes said Wednesday at a press conference in Paris. “Nokia seemed to be the best opportunity” for Alcatel. Photographer: Kosuke Okahra/Bloomberg

French Finance Minister Michel Sapin criticized the payout Alcatel-Lucent SA’s departing Chief Executive Officer Michel Combes is set to receive, reviving the debate on executive compensation in the country.

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