Lucent ousts chief executive
News Lucent Technologies booted out chief executive Rich McGinn and replaced him with former chairman Henry Schacht. McGinn got in a position of telling the Street several times things would be ok, and having to keep coming back and saying no it won't...
[October 23, 2000, 15:20]
Lucent buys Octel to attack messaging market
News With this move, we will address the growing global demand for the technologies that support products like voice mail for wireless service providers and telephone companies, and networked messaging systems for large corporations,'' said Rich...
[July 18, 1997, 14:31]
Lucent and Alcatel call off merger
News Sources say Lucent's bureaucratic "consensus" culture -- stemming from the old AT&T days -- hampered the company when quick action by former chief executive Rich McGinn was needed. McGinn, who was at the helm for four years, was ousted last October.
[May 30, 2001, 8:59]
Lucent in clear after £200m settlement
News Back in October 2000, Lucent ousted its former chief executive, Rich McGinn. Lucent Technologies announced on Thursday that it settled class action shareholder lawsuits against it for $315m (£201m), marking the end of one chapter in the telecom...
[March 28, 2003, 14:31]
