The ORPEA Group Announces Board Changes; Proposes Dividend for the Year of 2016
March 28, 2017 at 06:30 pm
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The ORPEA group announced appointment of Philippe Charrier as Non-Executive Chairman, following Dr. Jean-Claude Marian decision to step down. Dr. Marian has been named as the Group's Honorary Chairman. Now 78 years old, Dr. Marian has decided to focus on his private life after spending 28 years building up the ORPEA group and making it a leading provider of integrated long-term care in Europe. In 2011, the roles of Chairman and Chief Executive Officer were split, with the appointment of Yves Le Masne as Chief Executive Officer, responsible for the operational management and for the development of ORPEA. Dr. Jean-Claude Marian has retired from his duties as a director and the Board of Directors, after consulting with Executive Management, has co-opted Philippe Charrier, who has been named as Non-Executive Chairman of ORPEA. To display its full confidence in the senior management team, the Board of Directors has also decided to renew Yves Le Masne's term in office as Chief Executive Officer and Jean-Claude Brdenk's term as Chief Operating Officer. Philippe Charrier is also a director of MédiPôle Partenaires until the merger with Elsan, which has given him solid experience of the healthcare sector. He is currently Executive Chairman of Ponroy Santé (natural health products).
At the Annual General Meeting on 22 June 2017, the Board of Directors will propose paying out a dividend of 1.0 per share in respect of the 2016 financial year, compared with 0.90 in respect of the previous financial year.
ORPEA is the European leader in global dependency care. The group operates retirement homes, follow-up care clinics, and psychiatric clinics. At the end of 2023, ORPEA had a network of 1,031 facilities (93,470 beds) located in France/Benelux/United Kingdom/Ireland (574 facilities; 45,431 beds), Central Europe (247; 24,316 beds), Eastern Europe (124; 12,764 beds), the Iberian Peninsula and Latin America (83; 10,394 beds), China (2; 154 beds) and the United Arab Emirates (1; 36 beds).
As of December 31st , 2023, the estimated value of the real estate portfolio was EUR 6.3 billion.
Net sales are distributed geographically as follows: France/Benelux/the United Kingdom/Ireland (58.4%), Central Europe (26%), Eastern Europe (9.9%), Iberian Peninsula and Latin America (5.5%) and other (0.2%).