Atos, the French technology company, has announced the appointment of Jean Pierre Mustier as the Chairman and CEO to replace Paul Saleh, who has informed the board of his immediate resignation.
This move makes Jean Pierre Mustier the 5th CEO within less than 2 years at Atos, a period during which the company has faced financial structural challenges leading to the sale of certain business segments and considering investor proposals to restructure the company’s debt.
The debt restructuring plan at Atos is currently under judicial review to assess various implications, as the company provides services to government agencies and the military in France.
Source: Reuters
TLDR: Atos appoints Jean Pierre Mustier as the new Chairman and CEO, amid financial challenges and debt restructuring efforts.
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