Orange named Frederic Sanchez as its next chairman to succeed Jacques Aschenbroich, who reached the age limit for the position.
The French telecommunications company said it decided to appoint Sanchez at the close of the annual shareholders' meeting, due to be held on May 19.
Sanchez was an independent director at the company, and the chair of the strategy and technology committee.
Orange said he was appointed on the recommendations of the governance, corporate social and environmental responsibility committee, and another committee that was set up to find a successor to Aschenbroich.
Born in Lyon in 1954, Jacques Aschenbroich is Chairman of the Board of Directors of Orange. He was Chief Executive Officer of the Valeo Group from March 2009 to February 2016, Chairman and Chief Executive Officer until January 2022, then Chairman of Valeo's Board of Directors until December 31, 2022. He has a wide range of experience, acquired in management positions in major industrial groups, in France and abroad, and in senior civil service.
Prior to joining Valeo, he was a graduate of the Corps des Mines and held a number of government posts, including a position in the Prime Minister's office in 1987 and 1988. He then pursued an industrial career with the Saint-Gobain group from 1988 to 2008. After managing subsidiaries in Brazil and Germany, he became head of Compagnie de Saint-Gobain's Flat Glass Division and Chairman of Saint-Gobain Vitrage in 1996. Then, as Executive Vice-President of Compagnie de Saint-Gobain from October 2001 to December 2008, he headed the Flat Glass and High-Performance Materials Sectors from January 2007, and managed the Group's operations in the United States as Director of Saint-Gobain Corporation and General Delegate for the United States and Canada from September 1, 2007.
Orange is the French leader of telecommunications company. Net sales (including intragroup) break down by activity as follows:
- telecommunication services for individuals (78.2%): mobile telephone services (272.8 million clients at the end of 2025; Orange brand in France, Orange Belgium in Belgium, Orange Communications Luxembourg in Luxembourg, MásOrange in Spain, Orange Polska in Poland, etc.), fixed telephone services and Internet access (38.1 million clients). The group also offers services for telecommunication operators. Net sales break down by country between France (54.6%), Europe (21.8%), Africa and Middle East (23.6%);
- telecommunication services to businesses (117.2%): Internet access services, mobile telephone, voice and data transmission services and integration and information management for communication applications;
- telecommunication services to international telecommunication operators (2.9%);
- operation of passive mobile infrastructure (1.7%; Totem): management of a portfolio of approximately 27,000 telecommunications towers in France and Spain.
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