Patricia Russo Named Chairman of Lucent, Schacht Steps Down

Lucent Technologies' board of directors named Patricia Russo as its new chairman, succeeding Henry Schacht, who will remain on the board as an outside director. Russo returned to Lucent as president and CEO in January of 2002 after serving as president and chief operating officer of Eastman Kodak. Prior to re-joining Lucent in 2002, Russo had served as executive vice president and CEO of Lucent's Service Provider Networks division from 1999 to 2000.
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