NFC Times Exclusive–People on the Move:
France-based vendor Gemalto has completed internal changes to its corporate structure, creating a separate unit for platforms and services and one for smart card products and appointing executive Philippe Vallée as chief operating officer.
UPDATE: Vallée, long-time head of the company’s largest division, mobile communication, has become the No. 2 executive under CEO Olivier Piou. Six regional presidents will report to Vallée. There will continue to be five business segements, including mobile communication and secure transactions.
The big vendor has not announced the changes publicly, though did so internally about four months ago. The changes took effect around the first of the year and include internal restructuring to be “more efficient toward our new long-term plan's goals and objectives,” Piou told NFC Times. The company will continue its internal and external financial reporting for four main business segments–mobile communication, secure transactions, identity and machine-to-machine, along with patents, said Piou. The six regional presidents, who oversee the main segments in their respective regions, will report to Vallée.
