Orange finance head Fernandez to join transport group CMA CGM

Reuters

Published Dec 20, 2022 07:37

PARIS (Reuters) - 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.

French transport group CMA CGM said in a separate statement that Fernandez would start his new role at the start of the second quarter next year.

"I would like to thank Ramon for his unfailing commitment to the group," Orange CEO Christel Heydemann said in statement. "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.