Feeds

Bastiaens bails from L&H

Goodbye, auf Wiedersehen, au revoir, ciao, adios...

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Gaston Bastiaens has resigned from his post as CEO of translation software company Lernout & Hauspie. The move follows months of uncertainty over the success of his management style, according to Jo Lernout, co-founder and co-chairman of L&H.

In a conference call just concluded, Lernout made it clear that Bastiaens' management style had been under discussion for a couple of months - with the company having grown swiftly from 200 to more than 5,000 staff, it was felt a different management style was needed.

Lernout said that John Duerden, who previously ran L&H's medical transcription business, had that necessary background, and had been appointed CEO and president. Duerden has been an executive with Xerox, and co-president of Reebok International.

Bastiaens is not the only senior exec leaving L&H. Ellen Spooren, senior VP of marketing and corporate communications, will also be resigning in due course, but is sitting tight for the time being. Asked about why she was leaving at the same time, L&H said that they "had been a team for a number of years" (they previously worked together at Quarterdeck) and that she had done "a fantastic job".

Bastiaens had been criticised for an aggressive acquisition policy, but he has managed to put together a company that is the dominant independent player in the speech and language field.

Bastiaens will continue as a major shareholder and be on the board, but will no longer be active in the management of the company. His departure was said to be unrelated to the an article in the Wall Street Journal questioning L&H's sales in Korea. ®

Security for virtualized datacentres

More from The Register

next story
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
iOS 8 release: WebGL now runs everywhere. Hurrah for 3D graphics!
HTML 5's pretty neat ... when your browser supports it
Mathematica hits the Web
Wolfram embraces the cloud, promies private cloud cut of its number-cruncher
Mozilla shutters Labs, tells nobody it's been dead for five months
Staffer's blog reveals all as projects languish on GitHub
'People have forgotten just how late the first iPhone arrived ...'
Plus: 'Google's IDEALISM is an injudicious justification for inappropriate biz practices'
SUSE Linux owner Attachmate gobbled by Micro Focus for $2.3bn
Merger will lead to mainframe and COBOL powerhouse
iOS 8 Healthkit gets a bug SO Apple KILLS it. That's real healthcare!
Not fit for purpose on day of launch, says Cupertino
Netscape plugins about to stop working in Chrome for Mac
Google kills off 32-bit Chrome, only on Mac
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.