Orange’s Annual General Meeting of shareholders has voted to renew Stéphane Richard’s mandate
The Group’s Annual General Meeting of shareholders, held on 4 May, voted in favour of renewing Stéphane Richard’s mandate as a Board member for a four-year term. The resolution registered 88.62% of voting rights. At its meeting following the Annual General Meeting, the Board of Directors also renewed Stéphane Richard’s position as Chairman and CEO of Orange.
The Group’s shareholders were convinced by the positive track record that Stéphane Richard has achieved over his eight years at the head of Orange. This term has been marked by the restoration of a positive social situation and a return to growth, despite the highly-competitive environment in France and internationally.
Stéphane Richard also presented to shareholders his project for the Group over the course of his new term in office. This project will be implemented by the new executive team that is in place since 2 May. His ambition is clear in seeking to consolidate and reinforce Orange’s position as a market leader that capable of differentiating itself through the quality of its networks and the quality of its offers, and in doing so, to position Orange as a multiservice operator.
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2017 and 150,000 employees worldwide at 30 September 2018, including 92,000 employees in France. The Group has a total customer base of 261 million customers worldwide at 30 September 2018, including 201 million mobile customers and 20 million fixed broadband customers. The Group is present in 28 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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