Two executives depart from Alcatel-Lucent

Alcatel-Lucent's chief administrative officer and the president of science, technology and strategy have both announced that they will step down. Frank D'Amelio, the CAO will take the CFO job at Pfizer while the other executive, Mike Quigley will return home to Australia.

Etienne Fouques, who heads Alcatel-Lucent's carrier business segment, will now take on the science, technology and strategy roles vacated by Quigley. Michel Rahier, who heads up wireline business, will now head up the carrier business unit, including wireline, wireless and convergence businesses.

For more on the departures:
- read this press release