French servers and services company Bull has appointed IBM executive Didier Lamouche as its new chairman and managing director.
Directors extended the mandate of acting chairman and managing director Gervais Pellissier until 31 January Lamouche will take charge of the company from 1 February.
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. The European Commission approved the French government's granting of €517m (£357m) in state aid as part of the plan.
Peter Sayer writes for IDG News Service