C&L: The executive shuffle hits amid profit warnings

Amid a profit warning from France Telecom, the company gave its head of finance, Michel Combes, the boot, as well as a number of senior executives.

Cable & Wireless also said goodbye to its CEO, Francesco Caio, deciding to do away with that position altogether in a major corporate restructure.

Cisco Systems has appointed former MCI President and CEO Michael Capellas to its board of directors.

Morgan O'Brien, founder and former chairman of Nextel Communications, joined location-based services company SquareLoop as chairman of the Advisory Board.

Staccato Communications appointed Marty Colombatto chairman and CEO.

Venturi Wireless appointed Larry Slotnik as VP of engineering and Rikard Kjellberg as VP of products.