By Julian Goldsmith, 19 November 2001 15:30
NEWS French system integrator Bull is to lose its chairman Guy de Panafieu, according to a report from Bloomberg. Panafieu has held the position for the last four years and has seen the value of the company fall by 90 per cent during his tenure. He will stay on until a successor is found. The company's shareholders include France Telecom, NEC and Motorola. The French government also owns over 16 per cent of the company. Trading in Bull shares were suspended until the company issued a statement on the news.
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