Alcatel-Lucent CEO Pat Russo unveiled in July her plan to leave the company that was once AT&T. Russo agreed to stay on with the company until a new CEO could be found, but noted that she wanted to leave the company "no later than the end of the year." Russo took over after Alcatel and Lucent merged in 2002 and noted back in July that it was the right time for her to leave the company so it could "bring a fresh and independent perspective" to the table.

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