- Press Release
- Oct 31, 2023
Lucent Technologies appoints Robert E. Denham and Daniel S. Goldin as directors
MURRAY HILL, N.J. – Lucent Technologies (NYSE: LU) announced today’s election of Robert E. Denham and Daniel S. Goldin to the company’s board of directors, and the resignation of Betsy S. Atkins.
Denham, 56, is a partner in the law firm of Munger, Tolles & Olson LLP. He rejoined the firm as a partner in 1998 after serving as the chairman and chief executive officer of Salomon Inc. Denham’s practice emphasizes advising clients on strategic and financial issues.
Goldin, 61, is a senior fellow at the Council on Competitiveness, where he works with America’s corporate and academic leaders to help improve the nation’s productivity, security and competitiveness. Prior to being named a fellow at the Council, Goldin served for nine years as administrator of NASA.
Goldin assumes the unexpired term of Atkins, 46, who resigned to join the board of directors of UTStarcom, Inc. Denham’s appointment represents a new seat on Lucent’s expanded board of directors.
“It has always been our plan to expand our board after we achieved significant progress with our business restructuring efforts. With the strides we have made over the past year, the timing is right to move forward,” said Lucent Chief Executive Officer Pat Russo. “Bob offers a unique blend of very strong strategic and financial skills, and Dan provides a depth of experience in groundbreaking technology. I’m looking forward to the wealth of knowledge and experience that they will bring to our board as we continue to drive toward profitability and technological leadership as the equipment provider of choice for the world’s largest service providers,” said Russo. “We thank Betsy for her contributions to our board of directors and we wish her well in her new endeavors.”
Russo noted that the company plans to continue its efforts to further expand the board.
Robert E. Denham
Denham is a member of the board of directors of U.S. Trust Company, Wesco Financial Corporation, Fomento Economico Mexicano, S.A. de CV and the John D. and Catherine T. MacArthur Foundation. In addition, Denham is a trustee of the Natural Resources Defense Council; The Conference Board, of which he is vice chairman; and the New School University. He is also a public member of the Professional Ethics Executive Committee of the American Institute of Certified Public Accountants. He is a past co-chairman of the Capital Formation Subcouncil of the Competitiveness Policy Council, a past member of the OECD Business Sector Advisory Group on Corporate Governance, and was a Presidential appointee to the APEC Business Advisory Council and the Bipartisan Commission on Entitlement and Tax Reform.
Denham is a magna cum laude graduate of the University of Texas, where he was elected to Phi Beta Kappa. He received a master’s degree in government from Harvard University in 1968 and a J.D. from Harvard Law School in 1971, where he graduated magna cum laude.
Daniel S. Goldin
As NASA’s longest-serving administrator, Goldin worked to implement aggressive policies under constrained budgets to assure NASA’s unprecedented leadership role in the world. While at NASA, Goldin helped to pioneer technologies that led to unparalleled development of American aircraft, spacecraft and launch vehicles.
Before joining NASA in 1992, Goldin worked for 25 years at TRW, most recently as vice president and general manager of the TRW Space and Technology Group. During his career there, Goldin led projects for America’s defense and conceptualized and managed production of advanced communication spacecraft, space technologies and scientific instruments.
Goldin has been awarded 16 honorary doctorates from some of the world’s leading universities and is a member of the National Academy of Engineers and a Fellow of the American Institute of Aeronautics and Astronautics.
The election of Denham and Goldin expands Lucent Technologies’ board of directors to eight members. They join Henry Schacht, Pat Russo and outside directors Paul Allaire, Carla Hills, Franklin Thomas and John Young.
Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world’s largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The
company’s systems, services and software are designed to help customers quickly deploy and better manage their networks and create new revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at http://www.lucent.com.
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