Orange's board of directors, which met on March 30, officially chose its future chairman.
It will be Jacques Aschenbroich, the current president of Valeo, whose appointment will be submitted to the vote of the shareholders at the general meeting on May 19.
Christel Heydemann will take up her duties as general manager on April 4.
The duo will succeed the current CEO, Stéphane Richard.
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However, what was supposed to be a simple formality could turn out to be a little more complicated than expected.
Jacques Aschenbroich may have an excellent reputation, be a fine connoisseur of the industry, experienced in the rules of governance of large French groups, endowed with extensive international experience and having placed innovation at the heart of the strategy of Valeo, its designation nevertheless raises a wave of criticism.
The main criticism addressed to him is his age: 68 years old.
So that he can fully complete his four-year term as Chairman of Orange, the Board…
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