Former CFO of Alcatel-Lucent joins board of leading 4G chipmaker
PARIS — March 9, 2011 — 4G chipmaker Sequans announced today that Hubert de Pesquidoux, former CFO of Alcatel-Lucent, has been elected to its board of directors.
Hubert de Pesquidoux has a long career in senior financial management in the telecommunications industry. He currently advises several private companies as part of HDP Consulting, and is also a board member of Tekelec, a US technology company. Earlier, de Pesquidoux was CFO at Alcatel-Lucent and president and CEO of Alcatel-Lucent’s Enterprise Business Group. He was also president and CEO of Alcatel North America and Alcatel Canada (formerly Newbridge Networks).
“Hubert’s expertise in financial management will be of great benefit to us,” said Georges Karam, chairman of the board and CEO of Sequans. “His experience spans all aspects of financial management for both public and private companies. We are very pleased to have him join our board.”
Hubert de Pesquidoux joins Sequans’ other board members: Jim Patterson, CEO of Mobile Symmetry and former senior executive at Sprint; Alok Sharma, former CEO of Telsima (now Aviat Networks); Zvi Slonimsky, former CEO of Alvarion; Michael Elias, managing director, Kennet Partners; David Ong, investment director, Add Partners; Dominique Pitteloud, independent director; and Georges Karam, chairman and CEO of Sequans. Mr. de Pesquidoux will head Sequans’ audit committee.
About Sequans Communications
Sequans Communications is a 4G chipmaker, supplying LTE and WiMAX chips to equipment manufacturers and mobile operators worldwide. Founded in 2004 to address the WiMAX market where it is now a global leader, Sequans expanded in early 2009 to address the LTE market. Sequans chips are inside leading WiMAX networks worldwide and will soon be inside LTE networks. Sequans is based in Paris, France with additional offices throughout the world, including USA, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, and China. www.sequans.com.
Press contacts: Kimberly Tassin, +1.425.736.0569, Kimberly@sequans.com
