Paul Saleh takes over as chief financial officer of Atos

24 August 2023 Consultancy.uk 2 min. read
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Atos has hired Paul Saleh as the firm’s new chief financial officer. He takes over from Nathalie Sénéchault, who exits after an intense period of transformation.

Over the last year, Atos has been undergoing a major transition. In 2022, the firm, which had revenues of €11 billion, released a “preliminary strategic review”, suggesting the company believes it could “unlock more value” by continuing life as two entities.

The move came on the back of a challenging period for the firm. At a time when the IT services market was growing, Atos saw its annual revenue drop by 3%, and had issued a string of three profit warnings, blaming to a decline in customer’s classic IT business.

Paul Saleh takes over as chief financial officer of Atos

The successful splitting of its internal operations has seen it divide into two entities: Atos (its data centre and hosting, digital Workplace, unified communications and business process outsourcing division) and Evidian (the digital, big data, and security businesses wing). In order to complete this transition, Atos is strengthening its management team.

Paul Saleh is a seasoned financial leader within the IT services industry, who has served in many executive leadership positions throughout his career. He held the role of chief financial officer (CFO) at CSC/DXC, and with Sprint Nextel Corporation, where he also spent time as interim CEO. He also held senior financial leadership roles at the Walt Disney Company. Most recently, Saleh has served as the CEO of Gainwell Technologies. O

Looking ahead, he will use his extensive experience in corporate finance to help Atos make the most of its new formation. He replaces Nathalie Sénéchault, who became CFO just one year ago, but is now calling time on an eight-year stay with the firm.

Atos’ leadership team, Nourdine Bihmane, Diane Galbe and Philippe Oliva, stated, “As Atos embarks on the final stage of its transformation journey, we are thrilled to welcome Paul Saleh as CFO and member of the Executive Board of the Group. As the group intends to open the next chapter in its history, we know that we can capitalize on his in-depth knowledge of the IT business to make this full separation a success. We would also like to thank Nathalie Sénéchault for her commitment over the past eight years.”