Communiqué from the Board of Directors of Orange
November 24 2021 - 1:47PM
Communiqué from the Board of Directors of Orange
Press releaseParis, 24 November 2021
Communiqué from the Board of Directors of
Orange
Following the verdict reached by the Paris Appeal Court, the
Orange group’s Board of Directors met today and took note of
Stéphane Richard's decision to hand over his mandate as Chairman
and CEO. The Board has accepted his resignation. This will take
effect once the new governance structure has been appointed and at
the latest by 31 January 2022. Stéphane Richard will continue in
his role until this date.
The Board of Directors wishes to underline Stéphane Richard's
desire to ensure that the Group’s governance is preserved. The
Board thanks him for his commitment at the helm of Orange for the
past 11 years, from restoring an appeased working environment after
the social crisis to the transformation of Orange into a leading
multi-service operator in Europe and Africa. Stephane will have
contributed significantly to the history of the Group in sometimes
tumultuous times and always working in the best interests of the
company.
The Board of Directors will continue the recruitment process
initiated a few months ago in order to appoint and implement the
new governance.
About OrangeOrange is one of the world’s leading
telecommunications operators with sales of 42.3 billion euros in
2020 and 137,000 employees worldwide at 30 September 2021,
including 79,000 employees in France. The Group has a total
customer base of 266 million customers worldwide at 30 September
2021, including 222 million mobile customers and 22 million fixed
broadband customers. The Group is present in 26 countries. Orange
is also a leading provider of global IT and telecommunication
services to multinational companies under the brand Orange Business
Services. In December 2019, the Group presented its new
"Engage 2025" strategic plan, which, guided by social and
environmental accountability, aims to reinvent its operator model.
While accelerating in growth areas and placing data and AI at the
heart of its innovation model, the Group will be an attractive and
responsible employer, adapted to emerging professions.
Orange is listed on Euronext Paris (symbol ORA) and on the New
York Stock Exchange (symbol ORAN).For more information on the
internet and on your mobile: www.orange.com,
www.orange-business.com or to follow us on Twitter:
@orangegrouppr.Orange and any other Orange product or service names
included in this material are trademarks of Orange or Orange Brand
Services Limited.
Press contacts: Tom Wright ; 06 78 91 35 11
; tom.wright@orange.comSylvain Bruno ; 06 86 17 88 89 ;
sylvain.bruno@orange.com
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