Age, Biography and Wiki

Patricia Russo (Patricia Fiorello) was born on 12 June, 1952 in Trenton, New Jersey, is an American businessperson. Discover Patricia Russo's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is she in this year and how she spends money? Also learn how she earned most of networth at the age of 71 years old?

Popular As Patricia Fiorello
Occupation Chairwoman of Hewlett Packard Enterprise
Age 71 years old
Zodiac Sign Gemini
Born 12 June 1952
Birthday 12 June
Birthplace Trenton, New Jersey
Nationality United States

We recommend you to check the complete list of Famous People born on 12 June. She is a member of famous businessperson with the age 71 years old group.

Patricia Russo Height, Weight & Measurements

At 71 years old, Patricia Russo height not available right now. We will update Patricia Russo's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Dating & Relationship status

She is currently single. She is not dating anyone. We don't have much information about She's past relationship and any previous engaged. According to our Database, She has no children.

Family
Parents Not Available
Husband Not Available
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Children Not Available

Patricia Russo Net Worth

Her net worth has been growing significantly in 2023-2024. So, how much is Patricia Russo worth at the age of 71 years old? Patricia Russo’s income source is mostly from being a successful businessperson. She is from United States. We have estimated Patricia Russo's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessperson

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Timeline

1952

Patricia F. Russo (born June 12, 1952, in Trenton, New Jersey) is an American businessperson.

Russo is most widely known for having served as chief executive officer of Lucent Technologies, and its successor, Alcatel-Lucent, a large communications equipment manufacturer.

1969

When she was in high school, she was active in sports and even became captain of a cheerleading squad before graduating from Lawrence High School in 1969.

1973

She earned a bachelor’s degree in political science and history from Georgetown University, Washington, D.C. in 1973.

1982

Russo joined Lucent's predecessor in 1982.

1992

In 1992, she became President of the Business Communications Systems division, moving in 1997 to become the executive vice president of Corporate Operations, and in 1999 to executive vice president and chief executive officer of the Service Provider Networks Group.

2000

She left in August 2000, after a reorganization; however, returned in January 2002 to become the chief executive officer.

2002

Russo spent nine months as the chief operations officer of Eastman Kodak, a position she left in January 2002 when she returned to Lucent to become their chief executive officer.

She was also Chairwoman of Avaya, which was spun off from Lucent.

2004

After "cutting costs and focusing on sales of wireless equipment, Russo was credited with returning Lucent to profitability in 2004, after three years of red ink."

However, profits that year "came largely through slashes in spending, cuts to retiree benefits, and reductions in research-and-development budgets that spurred protests."

2006

Forbes Magazine rated Russo tenth on its List of the World's 100 Most Powerful Women in 2006.

On April 2, 2006, it was announced that Russo would be chief executive officer of a new combined company resulting from the merger of the French communications company Alcatel and Lucent.

This merger became effective on December 1, 2006.

When Russo became the chief executive officer of the combined company, Serge Tchuruk, the former chief executive officer of Alcatel, remained as chairman.

The newly combined entity failed to turn a profit, and as a result, the company's management team resorted to rounds of restructuring and layoffs to address what were considered "challenging market conditions".

2008

The board eventually decided to oust the management team, and on July 29, 2008, Russo, along with Alcatel-Lucent chairman Serge Tchuruk, announced that she would step down by the end of 2008, in a broad-reaching management restructuring.

Significant changes in the composition of the company's board were also announced.

Alcatel-Lucent shares had lost more than 60% of their value since the merger.

In the statement released by Alcatel-Lucent relating to her departure, Russo was quoted as saying, "The company will benefit from new leadership aligned with a newly composed board to bring a fresh and independent perspective that will take Alcatel-Lucent to its next level of growth and development in a rapidly changing global market.".

On September 2, 2008, she was replaced by Ben Verwaayen.

2009

On July 23, 2009, General Motors announced that Russo would be a member of the company's new board of directors.

Russo was born in Trenton, New Jersey and had six siblings.

2015

Prior to the split of Hewlett-Packard into two companies in 2015, Russo served as lead independent director.

She now serves as chairwoman of Hewlett Packard Enterprise.

2017

Avaya, however, filed for bankruptcy in January 2017.

2020

As of 2020, she serves on the board of directors of General Motors, Merck & Co., and Arconic, Inc.

She serves as chairwoman of the nonprofit organization, Partnership at Drugfree.org.