Refile: UPDATE 1-Orange finance head Fernandez to join transport group CMA CGM

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20/12/2022 07:31

(Fixes grammatical error in headline)
       PARIS, Dec 20 (Reuters) - French telecoms group Orange's
 ORAN.PA  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.
    "We will continue to work together and in confidence over
the coming weeks to finalise our next strategic plan."
 (Reporting by Sudip Kar-Gupta
Editing by Kirsten Donovan and David Goodman)
 ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))