Atos CEO departs, deal with creditors moves ahead

Chairman Jean-Pierre Mustier will take over as CEO to guide the company through the final stages of the bailout agreement. — Reuters

PARIS: Atos SE chief executive officer (CEO) Paul Saleh has decided to leave the embattled French information technology (IT) company as the group moves ahead with its creditors’ restructuring plan.

A commercial court has opened an accelerated safeguard proceeding for Atos in a move that will help the company push through a refinancing plan with its creditors, Atos said in a statement yesterday.