Patricia Russo

Patricia Russo News

  • HP Said to Plan Board Renomination Seeking Stability

    Hewlett-Packard Co. plans to renominate its slate of directors -- including activist investor and interim chairman Ralph Whitworth -- according to people with knowledge of the matter, seeking stability after years of board turnover.

  • KKR Names Former Alcatel-Lucent CEO Patricia Russo as Director

    KKR & Co. , the private-equity firm run by Henry Kravis and George Roberts, appointed former Alcatel-Lucent SA Chief Executive Officer Patricia Russo to its board of directors.

  • GM Directors Unfazed by 33% Stock Slump Praise Ackerson

    General Motors Co. directors praised Dan Akerson’s performance as chief executive officer while saying he must now fix the automaker’s European operations and begin grooming a successor.

  • Hewlett-Packard Shuffles Board, Adds Whitman

    Hewlett-Packard Co. , the largest maker of computers, announced a board shake-up in the wake of criticism over the way it handled the departure of Chief Executive Officer Mark Hurd .

  • Hewlett-Packard Shakes Up Board to Quell Criticism Over Hurd's Departure

    Hewlett-Packard Co. , the largest maker of computers, announced a board shake-up aimed at adding foreign-based directors and quelling criticism over the way it handled the departure of Chief Executive Officer Mark Hurd .

  • HP Reshapes Board With Directors Connected to CEO Apotheker

    Hewlett-Packard Co. recruited five executives to its board who have business ties to Chief Executive Officer Leo Apotheker and will need to prove they can act independently, corporate governance experts said.

  • Top Stories: Business and Finance

    The following are the day's top business stories:

  • Ed Whitacre Battles to Save GM from Itself

    By David Welch April 29 (Bloomberg BusinessWeek) -- The 15 General Motors dealers who flew to Detroit last September for a dinner with GM management were not an easily rattled bunch. They had endured the worst auto sales slide in 25 years, as well as the bankruptcy of the iconic carmaker on which they had built their businesses. Only three months had passed since GM accepted a $50 billion federal bailout, announcing the retirement of four of its eight brands and the shutting down of 1,900 dealers—a third of its domestic retail network. These dealers were the survivors, some of the more prosperous people in their towns, and they wanted a little reassurance. CEO Fritz Henderson gathered the group in a private conference room at the Westin Detroit Metro Airport and tried to demonstrate that he had a plan, according to an executive in the room who asked not to be named because he was not authorized to describe the dinner. Henderson announced that GM was going on the

  • Alcatel-Lucent CEO Plans to Leave When Successor Is Found

    Alcatel-Lucent SA Chief Executive Officer Ben Verwaayen will step down after 4 1/2 years of efforts to turn around the phone-equipment maker failed to stem a slump in cash reserves and withstand global competition.

  • Alcatel’s Camus Will Seek Another Term to Tackle Turnaround

    Alcatel-Lucent SA Chairman Philippe Camus will seek a contract extension in May as the 64-year-old Frenchman looks to have another go at turning around the network equipment maker with the help of a new chief executive officer.

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