Press "Enter" to skip to content

Orange’s Stephane Richard says wants 4th term as CEO – JDD

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

September 12, 2021

PARIS (Reuters) – Orange’s Stephane Richard said he wants a fourth term as chief executive of France’s biggest telecoms operator after his mandate ends next May, he was quoted as saying in an interview with the Journal du Dimanche (JDD) on Saturday.

Other News:   The Son of Monte Cristo

Speaking to the JDD, he said recent changes in the governance of top French firms had led to the separation of the functions of chairman of the board of directors and chief executive officer, opening the door for dual leadership.

“That will of course be up to Orange shareholders to decide when the time comes,” he said, adding that he would like to stay on in his role.

Other News:   Arizona will divest all state funds from Unilever over Ben & Jerry's plan to stop selling ice cream in 'Occupied Palestinian Territory'

“That’s my wish because I am very attached to this company.”

Richard came under political pressure earlier this year after a network outage at the firm, which is 23% owned by the government, prevented emergency calls for several hours.

A French court will also rule in October over his alleged involvement in a disputed compensation payment made by the state in 2008.

Other News:   Sea Ltd raises about $6 billion in mega fund raising

(Reporting by John Irish; Editing by Daniel Wallis)

To continue reading this news article, follow the link to the news website.

For any inquiries, contact Amnon Free Press (Amnon Jobi Jakony) by writing to editor [at] amnonfreepress.com. Discover a world of hyper-local news below.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *