Ramon Fernandez To Exit Orange For Transport Group CMA CGM

Ramon Fernandez To Exit Orange For Transport Group CMA CGM
Ramon Fernandez To Exit Orange For Transport Group CMA CGM

French telecoms group Orange’s deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director.

Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named soon.

According to Orange, Fernandez decided to take up a new professional challenge outside the company and until his departure will continue in his current role within the executive committee. In this role, alongside Christel Heydemann, CEO of Orange, and the group’s management team, he will continue his work on the preparation of the new strategic plan. His successor will be announced in the coming weeks.

Commenting on the departure, Heydemann said: “I would like to thank Ramon for his unfailing commitment to the group. He has played an essential role in the development of the company over recent years, in particular through his work on efficiency and value creation. We will continue to work together and in confidence over the coming weeks to finalize our next strategic plan. I wish him all the best in his future career”.

Fernandez added: “After such an exciting and stimulating period within Orange, I have decided to take on a new professional project outside the group. Orange is an extremely engaging company that can boast of the quality and commitment of its teams as its core strength. I am proud of what we have accomplished together in the various Orange countries and with my colleagues in the executive committee. With Christel, we will present the 2022 results next February. I remain mobilised to work on our next strategic plan, convinced that the company will take the right directions to ensure its continued development”.

Fernandez joined the Orange group in September 2014 as deputy CEO in charge of finance and strategy.

Before joining Orange, he was director of the French Treasury since March 2009.