Orange CEO Stéphane Richard is leaving his post. The transfer is to take place until January 31, 2022. Richard led the company for 11 years. The Board of Directors is searching for candidates for the position of Orange CEO.
Orange's loss on IFRS for 6 months of 2021 was €2.605 billion, compared with a profit of €1.015 billion in the previous year. Revenue increased by 0.5% to €20.867 billion compared to €20.769 billion a year earlier.
Total has signed a contract with Orange to supply 100 GW⋅h of renewable electricity per year for 20 years. By 2024, dozens of new solar power plants will be installed across France with a combined capacity of 80 MW.