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"Atos Faces Leadership Shake-Up and Cash Flow Concerns"

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Source: Reuters
"Atos Faces Leadership Shake-Up and Cash Flow Concerns"
Photo: Reuters
TL;DR

French tech company Atos appoints CFO Paul Saleh as new CEO, warns of missing second-half cash flow target, and has yet to request creditor conciliation proceedings, leading to a 16% drop in shares. The company also welcomes Jacques-Francois de Prest as CFO and faces difficulties in negotiating the sale of its loss-making Tech Foundations arm.

Topics:businessbusiness-technology#atos#business-technology#cash-flow#ceo#restructuring#technology
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  1. French tech group Atos names new CEO and delivers cash flow warning  Reuters
  2. Atos CEO Quits After Three-Month Stint Over Strategy Dispute  Yahoo Finance
  3. Atos CEO Yves Bernaert quits over governance differences  CIO
  4. Atos appoints new CEO, expects cash flow to be below target  Seeking Alpha
  5. Atos Shares Plummet on Cash Flow Warning; New CEO Steps In - TipRanks.com  TipRanks

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