French servers and services company Bull SA has appointed IBM executive Didier Lamouche as its new chairman and managing director.
At a meeting of the company's board on Thursday, directors extended the mandate of acting chairman and managing director Gervais Pellissier until Jan. 31. Lamouche will take charge of the company from Feb. 1.
Lamouche most recently worked at IBM as vice president in charge of semiconductor industrial operations. Before that, he created and headed up Altis, a semiconductor joint venture between IBM and Infineon Technologies.
By the time Lamouche takes over at Bull, the company's financial restructuring plan should be complete. On Wednesday, the European Commission approved the French government's granting of Euro 517 million (US$687 million) in state aid as part of the plan.