France Telecom's Lombard steps down as CEO

News General France 2 FEB 2010
France Telecom's Lombard steps down as CEO
France Telecom group chairman and CEO Didier Lombard will ask the board of directors on 24 February to separate the functions of chairman and CEO from 1 March. Lombard will keep the position of chairman, with responsibility for the definition of group strategy and technological operations. France Telecom's current CEO delegate, Stephane Richard, will become CEO, with management responsibility for group operations. Richard will be in charge of new industrial projects and the new social contract with the workforce, set to be presented in the next few weeks. Lombard was initially due to leave France Telecom in the spring of 2011, but his internal position and public image were compromised by a wave of employee suicides last year. Richard joined the company in September 2009 with a view to succeeding Lombard. He took over operations in France from Louis-Pierre Wenes in November.

Categories:

General

Companies:

Orange,  France Telecom

Regions:

Global

Countries:

France

Tags:

Voice services, Network Access, Unified communications, Messaging, Network operations services, Wireline, Wireless, Internet Access, Broadcast, Officers & directors

Related Articles

FRANCE 18 JUN 2018

Voormalig executives FT aangeklaagd wegen immoreel gedrag

Voormalig CEO van France Telecom, thans Orange, Didier Lombard wordt samen met zes andere voormalig executives aangeklaagd wegen immorele praktijken die tussen 2008 en 2009 zouden hebben plaatsgevonden. Dat schrijft Reuters deze week. Naar verwachting vindt de rechtszaak nog voor de tweede helft van 2019 plaats. Orange zelf ontkent de beschuldigingen. De beschuldigden is ten laste gelegd dat zij bewust programma's binnen France Telecom hebben geïmplementeerd om werknemers te ontmoedigen en hen vervolgens to

FRANCE 19 DEC 2012

Orange France 'social contract' boosts staff morale

France Telecom-Orange's stress-reduction policies have been successful, according to a semi-annual survey by independent social research companies Secafi and Alpha. Of 60,000 employees questioned in November, 81 percent said they were proud of working for the company, compared to 36 percent during a wave of suicides in 2009-2010. The improvement was less steep in other areas. CFDT trade union representatives told La Tribune that the operator was now becoming a "normal" company and that the situation had sti

FRANCE 4 JUL 2012

Richard to seek second term as head of Orange

Orange chairman and CEO Stephane Richard told people gathered at a CFE-CGC-UNSA union conference in Paris that he would seek a second term when his current one expires in June 2014. Richard, once a member of current IMF president Christine Lagarde's team at the French ministry of finance, joined France Telecom-Orange in September 2009, was appointed CEO in March 2010 and became chairman in February 2011.

FRANCE 8 APR 2012

Lombard paid EUR 513,000 to leave France Telecom - report

Former France Telecom-Orange CEO Dider Lombard was only paid EUR 513,000 when he left the company in May 2011. La Tribune reports that the amount was calculated on the same basis as all retiring executives. In 2010 Lombard turned down a golden parachute of 21 months' salary which he was due if pushed out before the end of his term. He also receives an estimated EUR 300,000 annual retirement (up to 20.8% of his salary as Chairman and CEO). Lombard was forced to abandon his post of CEO after a wave of staff s

FRANCE 4 APR 2012

Police raid Orange France over work-related suicides

French police have conducted raids at France Telecom-Orange headquarters and other sites in the Paris area as part of its probe into work-related suicides, reports Associated Press. Prosecutors opened the investigation in April 2010 after labour union SUD claimed harassment was to blame for a rash of staff suicides. France Telecom cut around 22,000 jobs in 2006-2008. A report by France's labor inspector's office found that the company's managerial techniques were directly linked to 14 cases of suicide, atte

FRANCE 2 MAR 2011

Lombard gives up special adviser role at France Telecom

France Telecom-Orange's former chairman, Didier Lombard, has given up his role as special adviser and has decided to leave the company definitively. The move follows union criticism that by staying on in the capacity of special adviser, Lombard would be paid an average salary of EUR 500,000 and benefit from stock option advantages. France's minister of labour, Xavier Bertrand, had appeared on TV to ask for Lombard to work pro bono or for France Telecom to reverse his appointment. In his resignation statemen

GLOBAL 24 FEB 2011

Richard becomes France Telecom-Orange chairman and CEO

France Telecom-Orange's board of directors formally noted at its meeting of 23 February, Didier Lombard's decision to hand over his responsibilities as chairman and named CEO Stephane Richard to the role of chairman and CEO with effect from 1 March 2011. Lombard becomes special adviser to Richard on the strategic options and technological outlook for the group.

FRANCE 11 FEB 2011

Lombard steps down early as France Telecom chairman

France Telecom-Orange chairman Didier Lombard will resign at the next board meeting on 23 February. He told La Tribune that his term was due to end at the next general assembly in June, but that after a year with a separate chairman and CEO, it would be better to not wait another half a year before France Telecom is again directed by a single chairman and CEO, Stephane Richard. Lombard said he will not receive any indemnity for early retirement, having renounced this last year. He plans to set up a new stru

FRANCE 28 SEP 2010

France Telecom distributes new social contract to staff

France Telecom-Orange has distributed a document entitled 'for a new social contract' to each of the group's 100,000 employees in France. The new commitments by the group hit by a social crisis related to numerous staff suicides over the last two years is the fruit of consultations with employees and discussions with trade unions. The plan aims to ensure that France Telecom-Orange offers its employees "a beneficial working environment through a new vision for human resources, a new style of management and s

FRANCE 25 AUG 2010

France Telecom gives staff intranet access to union website

France Telecom-Orange has made available to staff on its intranet a website addressing employee stress and job transfers, created by trade unions CFE-CGC-Unsa and Sud-PTT. The first union told AFP that it welcomed the development. The website at www.observatoiredustressft.org is now accessible to staff in the workplace after several years of what it described as censorship. It was set up in 2007 to support and inform staff affected by the operator's job cutting plan of 22,000 voluntary redundancies over thr

FRANCE 21 APR 2010

FT AGM to vote on Richard's appointment as administrator

France Telecom will ask shareholders during its 9 June AGM to approve the appointment of the group's new CEO, Stephane Richard, as administrator. The term of the four-year renewable appointment will end at the conclusion of the AGM for France Telecom's 2013 results, reads the company's statement in the Official Journal. Richard must become administrator before he can be appointed as chairman and CEO, as planned in spring 2011. The AGM will also be asked to approve two proposed shareholder employee represen

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.