Jones Lang LaSalle


Kritzmacher named CFO at Lucent Technologies

BERKELEY HEIGHTS -- Lucent Technologies Inc., the telecommunications equipment maker, said Tuesday that controller John A. Kritzmacher has become its chief financial officer.
Kritzmacher, 45, has been Lucent's corporate controller since 2001. As CFO, he succeeds Frank D'Amelio, who became Lucent's chief operating officer in January.

As finance chief, Kritzmacher will be responsible for all of Lucent's financial operations, including corporate accounting and financial planning. He will report directly to Chairwoman and CEO Patricia Russo.

Lucent credits Kritzmacher with having played a key role in leading the company's financial recovery. Lucent cut about $5 billion in annual operating expenses and generated its first full year of profitability in fiscal 2004 after three years of losses.