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Richard wins vote of confidence from Orange board

2013-06-17 18:09:00| Telecompaper Headlines

(Telecompaper) Orange's board met on 17 June to hear chairman and CEO Stephane Richard present his situation concerning the CDR-Tapie case. The chairman of the governance committee also expressed his views on the potential consequences of this situation regarding Orange governance. The board has decided to reassert its full confidence in Richard and his ability to effectively meet the numerous challenges facing Orange with the same energy as ever in the best interests of the company, employees, customers and shareholders. It considers that the legal measures affecting him do not impede his ability to fully and effectively lead the group, the company said in a statement. The board will continue to ensure this remains the case in the future and has appointed Bernard Dufau, independent board member, to follow the situation.

Tags: board vote richard orange

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