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ALU Fires CEO (Verwaayen)

PostPosted: Thu Feb 07, 2013 2:35 pm
by Administrator
The news wires are reporting that ALU's latest CEO (Verwaayen) has been canned.

ALU lost $1.8 BILLION last year and $1.4 BILLION the previous year.

Verwaayen replaced the illustrious Pat Russo when she got canned. FYI, Russo is now on the board of HP :o

I wonder how many millions he will get as severance?

http://www.wirelessweek.com/news/2013/02/verwaayen-leaves-alu-amid-18-billion-loss-2012