Boulben gives up, the way opens for Heydemann, reports Le Figaro

PARIS (Reuters) – Christel Heydemann has taken another step towards the general management of Orange after the decision of Frank Boulben, one of the three candidates still in the running for the post, to withdraw from the process, Le Figaro reported on Saturday.

According to an e-mail sent to the directors of the group, quoted by the daily, Frank Boulben “thanks the board of directors of Orange” but the current manager at Verizon in the United States announces that he is retiring to “allow a serene decision of the board”.

Le Figaro adds that Christel Heydemann “seems to be on the right track to succeed Stphane Richard” but that a board of directors – which should have been held on Monday and was moved to 28 – still has to approve the choice of Vice-President Europe from Schneider Electric.

Earlier this month, the newspaper Les Echos reported that Economy Minister Bruno Le Maire intended to defend the candidacy of Christel Heydemann against those of Frank Boulben and the other candidate still in the running, Ramon Fernandez, the director financier of Orange.

The last word to appoint the person who will succeed Stphane Richard after January 31 belongs to the State, which keeps control of the main appointments of the governance of Orange thanks to its controlling stake of 23%.

(Report Benjamin Mallet)

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