Atos CFO Lhopiteau to exit as company pursues planned split

  • 📰 staronline
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares in the company fell sharply after the announcement.

Lhopiteau will leave in the second half of this year, Atos said on Sunday, and will be succeeded by Nathalie Sénéchault, 49, currently deputy CFO.

Atos announced the departure of Belmer on June 14 after what sources close to the matter told Reuters said had been a clash with the rest of the board over the fate of cybersecurity unit BDS, as he was willing to sell the business while the board wanted to retain it.Atos plans to spin off BDS and combine it with its services operations. The remaining part of the company would include the loss-making IT infrastructure management services business.

In a statement Atos said the planned group separation would lead to a complete reorganization of group and its finance department, noting new CFOs had already been named for the two new entities: Anil Agrawal for the BDS and digital unit Evidian, and Darren Pilcher for the remaining business New Atos.

"Lhopiteau will leave the group during the second half of the year, when the separation is well on track," Belmer said in the statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines