Systemax Appoints New Controller
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Systemax Inc. (NYSE:SYX), a leading distributor and manufacturer of PC hardware, related computer products and industrial products in North America and Europe, today announced the appointment of Thomas Axmacher as Vice President and Controller of the Company effective October 2, 2006. Mr.
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InfoWorld - The CA executive who managed the company&#39;s eTrust line of security management software has taken the reins at database security vendor Application Security.
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Alcatel-Lucent&#39;s head of enterprise systems, Hubert de Pesquidoux, will take on the role of chief financial officer as part of a management shake-up intended to streamline decision-making. The company has suffered from lackluster performance since its formation from the&#160;merger of Alcatel and Lucent Technologies&#160;last December.CEO Patricia Russo announced the changes Wednesday, at the same time&#160;outlining a three-point plan for restoring the company to profitability. The company also reported a third-quarter loss of &#8364;345 million ($492 million) on revenue of &#8364;4.35 billion.Russo will in future be advised by panel of seven senior executives, down from 11 before. Just two of them are former Lucent employees: Cindy Christy, who will add Central and Latin America to her existing responsibility for North American sales, and John Meyer, head of services, a role he held at Lucent.The merging of North America with Central and Latin America in Alcatel-Lucent&#39;s sales structure is part of a broader move to simplify the way the company sees the world, splitting it into just two regions: the Americas, and the rest.Former CFO Jean-Pascal Beaufret is &quot;leaving the company to pursue other opportunities,&quot; but will remain for a short period as he hands over to de Pesquidoux. It wasn&#39;t immediately clear if de Pesquidoux would also remain head of the enterprise systems group or if Alcatel Lucent would seek someone else.De Pesquidoux, a former merchant banker, is also part of the new management team. He used to run Alcatel&#39;s North American operations before taking over the merged company&#39;s enterprise systems division. Although enterprise systems is the smallest of the company&#39;s business units, contributing just &#8364;380 million of its &#8364;4.35 billion revenue last quarter, it is the best performing, with an operating profit margin of 7.6 percent.The remaining members of the management team are Chief Technology Officer Etienne Fouques, head of human resources and communications Claire Pedini, carrier business group head Michel Rahier, and Frederic Rose, who heads up the company&#39;s business in Europe, the Middle East, Africa, and Asia Pacific.Rahier will oversee one of the biggest changes in the company&#39;s product structure, as it eliminates the layer of management that divided the carrier business group into separate wireless, wireline and convergence teams.Other changes ahead for the company include a tighter focus on products to help carriers transform their networks to an all-IP (Internet Protocol) infrastructure, a move from products to value-added services, and a more streamlined organization with fewer staff in support functions to eliminate post-merger duplication.Pedini&#39;s role in human resources is particularly significant as the company prepares to shed a further 4,000 jobs by 2009, having already cut 3,800 in the first half of this year. Her approach is likely to focus on the numbers -- the company hopes the job cuts will save it a further &#8364;400 million -- rather than the people, as she worked for four years as Alcatel&#39;s deputy CFO, only taking on the role of vice president of human resources and communications in January 2006.This article was updated with new information on October 31, 2007.
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SearchHelp, Inc. (OTCBB: SHLP), a leading developer of award-winning,  web-based parental control software, has entered into an OEM agreement  with Systemax Inc.
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GenTek Inc. (NASDAQ: GETI) today announced two changes in its Senior Leadership Team.    Andrew P.
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SHANGHAI, Sept. 7 -- Chrysler lured its second high-profile executive in as many days, appointing SAIC Motor's Phil Murtaugh as chief executive of its Asian operations Friday.
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Company founder and former CEO Dave Duffield is now back aboard full time, replacing the ousted former CEO Craig Conway. Solution providers, while shocked at Conway&#39;s unexpected departure, were largely thrilled that Duffield is back full throttle.
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Blog: Longtime exec in Austin's chip industry is heading west to take the reins at the California chipmaker.
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Francisco G mez Rold n, chief financial officer of Spain's largest bank, will take the helm at Abbey, replacing Luqman Arnold.
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Padcom Inc. has new chief executive officer. Scott A. Stone, the Bethlehem company&#39;s chief operating officer since last year, has been named CEO.
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InfoWorld - Two months after the&#160;resignation of Shai Agassi, a driving force behind SAP&#39;s product strategy, the German software vendor on Wednesday announced the appointment of its first chief technology officer.
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(InfoWorld) - SonyÂ is reshuffling responsibilities in its key electronics group, allowing the head of the division to play a bigger role in Sony's research and development actvities. The company, which is still investigating the cause of laptop PC fires caused byÂ faulty Lithium Ion batteriesÂ it produced, will shift day-to-day control of all its major consumer and industrial products to Katsumi Ihara, Sony said on Monday. Ihara currently heads Sony's TV and video business. His new responsibilities will include Sony's Vaio computers, digital still cameras, digital video cameras, and Walkman audio products. Sony's semiconductor and component business will be put under the day-to-day control of Yutaka Nakagawa, who currently heads the digital imaging and audio business. Nakagawa will also be promoted from executive vice president to executive deputy president. Putting the running of the product and component businesses under Ihara and Nakagawa will mean that Ryoji Chubachi, president and CEO of the electronics business, will be free to take direct control of Sony's research and development activities.
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Sun-Times Media Group, which owns  the Chicago Sun-Times newspaper, said on Wednesday it named a  new chief operating officer, replacing the prior COO who left  the company to join the Canadian Broadcasting Corp.
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Sony Corp. named one of its presidents to take charge of product safety, the first time such a high-level staff member has taken  the position.
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Microsoft has appointed an executive to lead efforts to make its software more interoperable with Novell's Suse Linux.
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Siemens&#39; new chief executive, Peter Loescher, promised Wednesday to proceed carefully when he officially takes over at the German engineering giant next week.
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The low-fare carrier named a chief operating officer, shoring up its management just weeks after suffering a service meltdown.