Bull today announces that its Board of Directors has received the resignation of Didier Lamouche, Chairman and Chief Executive Officer.
28, 2010 -
Bull (Euronext Paris: BULL), an expert in open, flexible and secure information systems and mission-critical systems and one of Europe's leading players in the IT industry, today announces that its Board of Directors has received the resignation of Didier Lamouche, Chairman and Chief Executive Officer.
Didier Lamouche pointed out: "After more than 5 years at the head of Bull, my mission of transformation of the company is accomplished. With the acquisition early this year of Amesys, and the constitution of a long-term shareholder base, the Bull group now has the means to ensure its development. I would like to thank everyone at Bull for their commitment and their support over these years and I wish them further success in the next phase."
The Board has taken note of this decision that will become effective as of 10 May, 2010, at which time the Board of Directors will designate the next Chairman and CEO.
The Board underlined the importance of Didier Lamouche's contribution over the last 5 years, as well as the success in the group's repositioning, and saluted his efforts while at the head of Bull.
The Board has decided the constitution of a work group composed of Bull management and animated by Philippe Vannier, member of the board of directors. This group will be charged with making proposals to comfort the strategy of the company.
29 April 2010: First quarter 2010 revenue.
For further information: http://www.bull.com/investors/news/100423results.html
Prior to the designation of the next Chairman and CEO, Bull management will comment only the business activity of the first quarter of 2010.
10 May 2010: Bull board of directors' meeting
16 June 2010: Annual shareholders' meeting
Bull is a leader in secure mission-critical digital systems. The Group is dedicated to developing and implementing solutions where computing power and security serve to optimize its customers' information systems, to support their business.
Bull operates in high added-value markets including computer simulation, Cloud computing and 'computing power plants', outsourcing and security.
Currently Bull employs around 9,000 people across more than 50 countries, with over 700 staff totally focused on R&D. In 2011, Bull recorded revenues of 1.3 billion.
For more information visit: http://www.bull.com