Paris - The two heads of the troubled French-American telecommunications equipment supplier Alcatel-Lucent, Pat Russo and Serge Tchuruk, have decided to resign, the company announced on Tuesday.
Russo, the company's chief executive officer, is to leave her post by the end of the year but, at the request of the Board of Directors, will run the company until a replacement has been found.
"I am very pleased with the progress we are making especially in light of a difficult market environment," said Pat Russo. "That said, I believe it is the right time for me to step down.