Orange CEO Convicted Over $453 Million Fraud Linked to Prior Job

  • Richard gets one year suspended sentence over Adidas payout
  • Paris appeals judges overturn decision of lower court

Stephane Richard arrives at court in Paris, on Nov. 24.

Photographer: Nathan Laine/Bloomberg
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Orange SA Chief Executive Officer Stephane Richard was convicted by Paris appeal judges over his handling of a multi-million euro dispute when he worked for the then-French finance minister more than a decade ago.