Knowledge (XXG)

Patricia Russo

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Networks Group. She left in August 2000, after a reorganization; however, returned in January 2002 to become the chief executive officer. After "cutting costs and focusing on sales of wireless equipment, Russo was credited with returning Lucent to profitability in 2004, after three years of red ink." However, profits that year "came largely through slashes in spending, cuts to retiree benefits, and reductions in research-and-development budgets that spurred protests."
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along with Alcatel-Lucent chairman Serge Tchuruk, announced that she would step down by the end of 2008, in a broad-reaching management restructuring. Significant changes in the composition of the company's board were also announced. Alcatel-Lucent shares had lost more than 60% of their value since the merger.
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In the statement released by Alcatel-Lucent relating to her departure, Russo was quoted as saying, "The company will benefit from new leadership aligned with a newly composed board to bring a fresh and independent perspective that will take Alcatel-Lucent to its next level of growth and development
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The newly combined entity failed to turn a profit, and as a result, the company's management team resorted to rounds of restructuring and layoffs to address what were considered "challenging market conditions". The board eventually decided to oust the management team, and on July 29, 2008, Russo,
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Russo was born in Trenton, New Jersey and had six siblings. When she was in high school, she was active in sports and even became captain of a cheerleading squad before graduating from Lawrence High School in 1969. She earned a bachelor’s degree in political science and history from Georgetown
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Russo joined Lucent's predecessor in 1982. In 1992, she became President of the Business Communications Systems division, moving in 1997 to become the executive vice president of Corporate Operations, and in 1999 to executive vice president and chief executive officer of the Service Provider
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On April 2, 2006, it was announced that Russo would be chief executive officer of a new combined company resulting from the merger of the French communications company
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and Lucent. This merger became effective on December 1, 2006. When Russo became the chief executive officer of the combined company,
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On July 23, 2009, General Motors announced that Russo would be a member of the company's new board of directors.
421: 1528: 979: 149: 111: 1538: 1015: 718: 83: 457: 373: 1533: 1063: 984: 877: 867: 812: 160:, a large communications equipment manufacturer. As of 2020, she serves on the board of directors of 439: 1470: 663: 385: 298: 153: 145: 115: 71: 569: 1236: 1025: 582: 396: 1337: 497: 1078: 713: 595: 577: 513: 244:, which was spun off from Lucent. Avaya, however, filed for bankruptcy in January 2017. 1495: 1480: 1404: 1368: 1322: 1162: 910: 905: 605: 590: 213: 205: 165: 161: 157: 119: 258: 1517: 1505: 1461: 1440: 1409: 1327: 1317: 1312: 1231: 1071: 989: 959: 954: 600: 550: 237: 225: 209: 1308: 1241: 797: 723: 545: 224:
in a rapidly changing global market.". On September 2, 2008, she was replaced by
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Russo spent nine months as the chief operations officer of
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National Security Telecommunications Advisory Committee
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Alcatel-Lucent Posts Big Loss, Plans Further Job Cuts
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American chief executives of manufacturing companies
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Archived from 1574:21st-century American women 174:Partnership at Drugfree.org 1590: 557: 530:Hewlett Packard Enterprise 323:investing.businessweek.com 178:Hewlett Packard Enterprise 130:Hewlett Packard Enterprise 102:Hewlett Packard Enterprise 18: 1502: 1492: 1487: 1467: 1458: 1447: 1437: 1428: 1423: 520: 35: 933:Photography and printing 216:, remained as chairman. 144:(born June 12, 1952, in 995:Systems Insight Manager 980:Colorado Memory Systems 304:Encyclopædia Britannica 263:Encyclopedia Britannica 150:chief executive officer 16:American businessperson 1303:List of HP executives 156:, and its successor, 84:Georgetown University 985:Indigo Digital Press 896:Consumer electronics 374:Lucent's Next Leader 126:Board member of 88:Lawrence High School 1471:Lucent Technologies 1424:Business positions 154:Lucent Technologies 146:Trenton, New Jersey 116:Lucent Technologies 72:Trenton, New Jersey 426:The New York Times 351:#25 Patricia Russo 1512: 1511: 1503:Succeeded by 1448:Succeeded by 1418: 1417: 1390:HP spying scandal 1255: 1254: 1026:HP Data Protector 968: 967: 890: 889: 886: 885: 878:Essential laptops 813:Business desktops 772: 771: 611:Patricia F. Russo 583:Mohamed M. Atalla 142:Patricia F. Russo 139: 138: 55:Patricia Fiorello 30:Patricia F. Russo 1581: 1462:Henry B. Schacht 1459:Preceded by 1429:Preceded by 1421: 1260:Closed divisions 1208:Internet Advisor 1051: 930: 786:Business laptops 783: 704: 695: 563: 507: 500: 493: 484: 477: 476: 474: 473: 454: 448: 447: 435: 429: 419: 413: 408: 399: 394: 388: 383: 377: 371: 358: 353:, from the 2006 348: 339: 338: 336: 334: 325:. Archived from 315: 309: 308: 295: 272: 270: 269: 232:Other activities 196:Career at Lucent 68: 64: 62: 40: 26: 1589: 1588: 1584: 1583: 1582: 1580: 1579: 1578: 1514: 1513: 1508: 1499: 1474: 1465: 1454: 1444: 1435: 1419: 1414: 1373: 1347: 1291: 1251: 1172: 1146: 1098: 1068:HP Compaq Elite 1046: 1040: 1004: 973:Other divisions 964: 928: 899: 898:and accessories 897: 882: 831: 827:Z workstations 807: 768: 740: 690: 688: 682: 676:John F. Schultz 627: 621: 596:Raymond J. 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Platt 1320: 1315: 1305: 1299: 1297: 1293: 1292: 1290: 1289: 1288: 1287: 1282: 1274: 1269: 1263: 1261: 1257: 1256: 1253: 1252: 1250: 1249: 1244: 1239: 1234: 1229: 1224: 1219: 1214: 1209: 1206: 1201: 1196: 1191: 1186: 1180: 1178: 1174: 1173: 1171: 1170: 1165: 1163:HP CloudSystem 1160: 1154: 1152: 1148: 1147: 1145: 1144: 1138: 1133: 1128: 1122: 1117: 1112: 1106: 1104: 1100: 1099: 1097: 1096: 1091: 1086: 1081: 1076: 1075: 1074: 1069: 1060: 1058: 1048: 1042: 1041: 1039: 1038: 1033: 1028: 1023: 1018: 1012: 1010: 1006: 1005: 1003: 1002: 1000:HPE Networking 997: 992: 987: 982: 976: 974: 970: 969: 966: 965: 963: 962: 957: 952: 947: 942: 936: 934: 927: 926: 921: 918: 913: 908: 906:Aruba Networks 902: 900: 895: 892: 891: 888: 887: 884: 883: 881: 880: 875: 870: 865: 860: 855: 850: 845: 839: 837: 833: 832: 830: 829: 824: 821: 817: 815: 809: 808: 806: 805: 800: 795: 789: 787: 780: 774: 773: 770: 769: 767: 766: 765: 764: 759: 748: 746: 742: 741: 739: 738: 733: 728: 727: 726: 716: 710: 708: 701: 692: 684: 683: 681: 680: 677: 674: 669: 666: 661: 658: 655: 652: 649: 646: 643: 642:Dave Donatelli 640: 637: 631: 629: 623: 622: 620: 619: 614: 608: 606:Gary M. 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Index

Patti Russo

National Security Telecommunications Advisory Committee
Trenton, New Jersey
Georgetown University
Lawrence High School
Chairwoman
Hewlett Packard Enterprise
CEO
Lucent Technologies
Alcatel-Lucent
Hewlett Packard Enterprise
Arconic
Trenton, New Jersey
chief executive officer
Lucent Technologies
Alcatel-Lucent
General Motors
Merck & Co.
Arconic
Partnership at Drugfree.org
Hewlett Packard Enterprise
Forbes
List of the World's 100 Most Powerful Women
Alcatel
Serge Tchuruk
Alcatel
Ben Verwaayen
Eastman Kodak
Avaya

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