Orange Appoints Frédéric Sanchez as Future Chairman of the Board
The board of directors of Orange has decided to appoint Frédéric Sanchez as the chairman of the board following the general shareholders' meeting on May 19, 2026. This appointment follows the end of Jacques Aschenbroich's term, who has reached the statutory age limit.
Frédéric Sanchez, an independent director at Orange since 2020 and chairman of the Strategy and Technology Committee, will assume the role of chairman of the board after the general shareholders' meeting on May 19, 2026. This decision is based on the recommendations of the governance, social and environmental responsibility committee, and the ad hoc committee. It comes in anticipation of the end of Jacques Aschenbroich's term, who has reached the statutory age limit for serving as chairman of Orange.
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The board of directors will also propose to the general shareholders' meeting on May 19, 2026, the renewal of Jacques Aschenbroich's term as an independent director, allowing him to continue his commitment to the Group. Born in 1960, Frédéric Sanchez has been the chairman of the Fives Group since 2002. He has held various positions within this group since joining in 1990, including that of Chief Financial Officer in 1994 and Chief Executive Officer in 1997. Under his leadership, the Fives Group has accelerated its international development and diversified its activity portfolio. Frédéric Sanchez holds degrees from the École des Hautes Études Commerciales, the Institut d'Études Politiques de Paris, and a DEA in Economics from the Université Paris-Dauphine.
Ces excellentes performances nous permettent aujourd'hui de relever nos objectifs annuels
Risks mentioned
Orange Business en repli de -3,1 %, toujours pénalisé par un environnement de marché difficile
EBITDAaL d'Orange Business en baisse de -6,4 % sur le semestre
Endettement net porté à 35,7 milliards d'euros, ratio dette/EBITDAaL à 2,4x après MasOrange
Opportunities identified
Contrôle exclusif à 100 % de MasOrange renforçant la position en Espagne
Projet d'acquisition conjointe de SFR pour environ 5,6 milliards d'euros de part Orange
Croissance à deux chiffres en Afrique et Moyen-Orient (+13,9 % de chiffre d'affaires)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
