FRANCE TELECOM : FRANCE TELECOM :Orange's Board of Directors reaffirms its
full confidence in Stéphane Richard
Paris, 17 June 2013
Orange's Board of Directors reaffirms its full confidence in Stéphane Richard
The Orange Group's Board of Directors met on 17 June 2013 to hear Stéphane
Richard present his situation concerning the CDR-Tapie case and the Chairman
of the Governance Committee on the potential consequences of this situation
regarding the governance of the Group. The Board has decided to reassert its
full confidence in Stéphane 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, its employees, its customers and its shareholders.
In particular, the Board considers that the legal measures affecting Stéphane
Richard do not impede his ability to fully and effectively lead Orange as its
Chairman and Chief Executive Officer. 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.
France Telecom-Orange is one of the world's leading telecommunications
operators with sales of 43.5 billion euros in 2012 and has 170,000 employees
worldwide at 31 March 2013, including 104000 employees in France. Present in
32 countries, the Group has a total customer base close to 230 million
customers at 31 March 2013, including 172 million mobile customers and 15
million broadband internet (ADSL, fibre) customers worldwide. Orange is one of
the main European operators for mobile and broadband internet services and,
under the brand Orange Business Services, is one of the world leaders in
providing telecommunication services to multinational companies.
With its industrial project, "conquests 2015", Orange is simultaneously
addressing its employees, customers and shareholders, as well as the society
in which the company operates, through a concrete set of action plans. These
commitments are expressed through a new vision of human resources for
employees; through the deployment of a network infrastructure upon which the
Group will build its future growth; through the Group's ambition to offer a
superior customer experience thanks in particular to improved quality of
service; and through the acceleration of international development.
France Telecom (NYSE:FTE) is listed on NYSE Euronext Paris (compartment A) and
on the New York Stock Exchange.
For more information (on the internet and on your
mobile):www.orange.com,www.orange-business.com,www.orange-innovation.tv or to
follow us on Twitter: @presseorange.
Orange and any other Orange product or service names included in this material
are trade marks of Orange Brand Services Limited, Orange France or France
Press contacts: +33 1 44 44 93 93
Jean-Bernard Orsoni, email@example.com
Orange's Board of Directors
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Source: FRANCE TELECOM via Thomson Reuters ONE
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