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Bull's Board of Directors appoints Philippe Vannier as Chairman and Chief Executive Officer of the Group

Paris, May  10, 2010 -

The Board of Directors of Bull, meeting on 10 May 2010, has appointed Philippe Vannier as the new Chairman and CEO of the Group.

Since 2004, Philippe Vannier (50) has been Chairman of the Management Board of Crescendo Industries, a private investment company, as well as Chairman and CEO of Amesys, a company specializing in the development of high-technology electronic systems. Under his leadership between 2004 and 2009, the company, which was founded over 30 years ago, tripled both its revenue and workforce (over 80% of whom are professional engineers) and grew its international business (to the point where it contributes 20% of revenues). Amesys was acquired in 2010 by Bull.

Philippe Vannier, the new chairman and CEO of Bull declared: "I am especially proud to be taking over as head of what is a flagship company in the European IT Industry. Bull has a solid and consistent portfolio of products and services which represent a major asset in its development and growth. I attach enormous importance to the ability to differentiate through technological supremacy with innovation at the heart of the solutions proposed to our customers and strength that drives our teams on a daily basis.
Following a successful business transformation, Bull is embarking on a new chapter, and I intend to capitalize on the strategy implemented by my predecessors.

From 1996 to 2004, Philippe Vannier was head of Chelton Telecom & Microwave (part of the Cobham Group), having been responsible for establishing the Microwave business in Europe. Between 1988 and 1996, he held a number of senior management posts at SAFT - a subsidiary of Alcatel-Alsthom specializing in energy storage - including Director of the company's Space and Defense division.

Philippe Vannier is a graduate of the Ecole Supérieure de Physique et Chimie de la ville de Paris (ESPCI) and holds a post-graduate degree (DEA) in Electrical Engineering and Instrumentation from Paris IV University. He began his career at Michelin North America, as Quality Manager and then Production Manager.

Philippe Vannier will continue in his role as Chairman of the Management Board of Crescendo Industries.

About Bull

Bull is an Information Technology company, dedicated to helping Corporations and Public Sector organizations optimize the architecture, operations and the financial return of their Information Systems and their mission-critical related businesses.

Bull focuses on open and secure systems, and as such is the only European-based company offering expertise in all the key elements of the IT value chain.

For more information visit: http://www.bull.com/

Investor Relations contact:
Bull: Peter Campbell: Tel: +33 (0)1 58 04 04 23- peter.campbell@bull.net

Press Relations contact:
Bull: Barbara Coumaros: Tel: +33 (0)6 85 52 84 84 - barbara.coumaros@bull.net

Financial Calendar

  • 16 June 2010: Annual General Meeting of shareholders

  • 29 July 2010: 2010 half-year results

  • 28 October 2010: Third quarter 2010 revenue

Aurélie Negro
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Phone: +33 1 58 04 05 02
E-mail: aurelie.negro@bull.net

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Aurélie Negro
+33 1 58 04 05 02