Orange’s board of directors votes to renew the mandate of Stéphane Richard
Feb 20, 2018
At its meeting on 20th February 2018, the Orange Group’s Board of Directors approved the renewal of Stéphane Richard’s mandate as a Board member in anticipation of his renewal as Chairman of Orange’s Board of Directors for a four-year term.
The Board was convinced by the solid results achieved by Stéphane Richard during the eight years he has spent as head of Orange. During this time, he has succeeded in restoring a positive working environment within the company and has overseen improved financial results despite strong competition in France and abroad. They also examined the development prospects as set-out by Orange’s management team, and in particular the strategic choices proposed by Stéphane Richard in terms of international development, the diversification of the Group’s activities, as well as the ongoing innovation and investment programmes both in very high-speed broadband networks and digital services. The Board members consider that these elements fully justify this renewed mark of confidence.
This resolution will be presented to shareholders for a vote at the Annual General Meeting on 4th May 2018. The full list of resolutions will be published in the French repository of official and legal publications (BALO) and on orange.com on 28th February 2018.
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