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  • Orange CEO Richard secures his position after acquittal -New York Times

Orange CEO Richard secures his position after acquittal -New York Times

orange trial ceo

PARIS (Reuters) - A French court on Tuesday cleared Orange Chief Executive Stephane Richard of any wrongdoing in a fraud trial, cementing his position at the helm of the country's biggest telecom operator.
[...]
The judges ruled that the 2008 payment to Tapie was legal, was the result of a political choice and was not contrary to the interests of the state.
[...]
"(The court decision) is a huge relief for Orange's staff," Sebastien Crozier, the union leader for CFE-CGC at Orange, told reporters.

Read full article on The New York Times with Reuters - Emmanuel Jarry and Gwénaëlle Barzic,
Writing by Mathieu Rosemain; Editing by Richard Lough/Keith Weir

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