Philippe Salle Appointed as Atos Chairman Amid Financial Restructuring

The new leader aims to steer the struggling French IT giant out of debt and will take over as CEO in February 2025.

Philippe Salle, previously with Emeria, has been named chairman of Atos and will assume the CEO role in February 2025.
Atos is undergoing a significant restructuring plan to address its €5 billion debt and improve its financial standing.
Former CEO Jean-Pierre Mustier will remain until January 2025 to ensure a smooth leadership transition.
Salle plans to personally invest €9 million in Atos as part of the company's restructuring efforts.
The company's stock has plummeted, losing 90% of its value this year, highlighting the urgency of the turnaround plan.