Orange CEO Stephane Richard steps down following conviction

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Yesterday, long-serving Orange CEO and chairman Stephane Richard handed in his resignation at a board meeting following his conviction in the misuse of public funds.   The court case itself related to a 2008 settlement, back when Richard was chief of staff to then French Finance Minister Christine Lagarde. At the time, French businessman Bernard Tapie was in a dispute with the government following his sale of a stake in Adidas to a government…

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