Orange Management

Management criteria checks 2/4

Orange's CEO is Christel Heydemann, appointed in Apr 2022, has a tenure of 6.75 years. total yearly compensation is €2.74M, comprised of 32.8% salary and 67.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth €11.23K. The average tenure of the management team and the board of directors is 1.3 years and 4.4 years respectively.

Key information

Christel Heydemann

Chief executive officer

€2.7m

Total compensation

CEO salary percentage	32.8%
CEO tenure	2yrs
CEO ownership	0.00004%
Management average tenure	1.3yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

Orange S.A.'s (EPA:ORA) Intrinsic Value Is Potentially 96% Above Its Share Price

Nov 05

Orange's (EPA:ORA) Dividend Will Be €0.30

Oct 16

Orange (EPA:ORA) Will Pay A Dividend Of €0.30

Oct 02

Orange (EPA:ORA) Is Due To Pay A Dividend Of €0.30

Sep 16

Orange (EPA:ORA) Is Paying Out A Dividend Of €0.30

Aug 31

Orange (EPA:ORA) Use Of Debt Could Be Considered Risky

Aug 29

Orange (EPA:ORA) Will Pay A Dividend Of €0.30

Aug 08

Here's What's Concerning About Orange's (EPA:ORA) Returns On Capital

Aug 03

Here's Why Orange (EPA:ORA) Is Weighed Down By Its Debt Load

May 20

Orange's (EPA:ORA) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Apr 05

Here's What To Make Of Orange's (EPA:ORA) Decelerating Rates Of Return

Dec 28

CEO Compensation Analysis

How has Christel Heydemann's remuneration changed compared to Orange's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€3m	€900k	€2b
Sep 30 2023	n/a	n/a	€2b
Jun 30 2023	n/a	n/a	€2b
Mar 31 2023	n/a	n/a	€2b
Dec 31 2022	€2m	€668k	€2b
Sep 30 2022	n/a	n/a	€3b
Jun 30 2022	n/a	n/a	€4b
Mar 31 2022	n/a	n/a	€2b
Dec 31 2021	€58k	n/a	€8m
Sep 30 2021	n/a	n/a	€440m
Jun 30 2021	n/a	n/a	€871m
Mar 31 2021	n/a	n/a	€3b
Dec 31 2020	€56k	n/a	€5b
Sep 30 2020	n/a	n/a	€4b
Jun 30 2020	n/a	n/a	€3b
Mar 31 2020	n/a	n/a	€3b
Dec 31 2019	€50k	n/a	€3b
Sep 30 2019	n/a	n/a	€2b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€2b
Dec 31 2018	€46k	n/a	€2b
Jun 30 2018	n/a	n/a	€2b
Mar 31 2018	n/a	n/a	€2b
Dec 31 2017	€14k	n/a	€2b

Compensation vs Market: Christel's total compensation ($USD2.93M) is below average for companies of similar size in the French market ($USD4.73M).

Compensation vs Earnings: Christel's compensation has increased by more than 20% in the past year.

CEO

Christel Heydemann (49 yo)

2yrs

Tenure

€2,742,416

Compensation

Ms. Christel Heydemann served as an Executive Vice-President of Europe Operations at Schneider Electric S.E. from May 2021 until 2022. She has been Executive Vice President of France Operations at Schneide...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christel Heydemann	CEO & Executive Director	2yrs	€2.74m	0.000040% € 11.2k
Laurent Martinez	Group Chief Financial Officer	less than a year	no data	no data
Bruno Zerbib	Chief Technology & Innovation Officer	less than a year	no data	no data
Constance Gest	Group Head of Investor Relations & Financial Communication	less than a year	no data	no data
Brigitte Bourgoin	Group Chief Compliance Officer	no data	no data	no data
Caroline Guillaumin	Executive Director of Communications	1.3yrs	no data	no data
Vincent Lecerf	Executive Director of Human Resources for the Group	1.3yrs	no data	no data
Jerome Henique	Executive Director and CEO of Orange Africa & Middle East (OMEA)	no data	no data	no data
Marie-Noelle Jego-Laveissiere	Executive Director & CEO of Orange in Europe	3.6yrs	no data	no data
Michael Trabbia	Executive Director & CEO of Orange Wholesale	less than a year	no data	no data
Fabienne Dulac	Executive Director of Transformation	9.7yrs	no data	no data
Hugues Foulon	Executive Director & CEO of Orange Cyberdefense	no data	no data	no data

1.3yrs

Average Tenure

55yo

Average Age

Experienced Management: ORA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Christel Heydemann	CEO & Executive Director	6.8yrs	€2.74m	0.000040% € 11.2k
Jacques Aschenbroich	Independent Non-Executive Chairman of Board	1.9yrs	€457.58k	0.00011% € 30.9k
Frederic Sanchez	Independent Director	3.9yrs	€56.00k	0.000040% € 11.2k
Gilles Grapinet	Independent Director	less than a year	€41.06k	0.000080% € 22.5k
Alexandre Bompard	Independent Director	7.3yrs	€46.00k	0.000040% € 11.2k
Thierry Sommelet	Non- Independent Director	10.9yrs	€48.00k	0.000020% € 5.6k
Anne-Gabrielle Heilbronner	Independent Director	4.9yrs	€68.00k	0.000040% € 11.2k
Anne Lange	Non-Independent Director	8.9yrs	€54.00k	no data
Valerie Paule Beaulieu-James	Independent Director	1.9yrs	€58.00k	0.000040% € 11.2k
Sebastien Crozier	Employee Representative Director	6.3yrs	€58.00k	0.000020% € 5.6k
Vincent Gimeno	Employee Representative Director	2.3yrs	€48.00k	0.000090% € 25.3k
Magali Vallee	Employee Representative Director	2.3yrs	€49.00k	0.000010% € 2.8k

4.4yrs

Average Tenure

55yo

Average Age

Experienced Board: ORA's board of directors are considered experienced (4.4 years average tenure).

Orange Management

Management criteria checks 2/4

Key information

Recent management updates

Orange S.A., Annual General Meeting, May 22, 2024

Orange S.A. Appoints Momar Nguer and Gilles Grapinet to Its Board of Directors

Orange S.A., Annual General Meeting, May 23, 2023

Orange Group Announces the Departure of Ramon Fernandez, Deputy Chief Executive Officer in Charge of Finance

Orange Names Caroline Guillaumin as Executive Director of Communications, Effective 2 January 2023

Orange S.A. Announces Changes to Management Team

Recent updates

Full year 2023 earnings: EPS misses analyst expectations

Orange's (EPA:ORA) Upcoming Dividend Will Be Larger Than Last Year's

Orange (EPA:ORA) Will Pay A Larger Dividend Than Last Year At €0.42

Final dividend increased to €0.42

We Think Orange's (EPA:ORA) Robust Earnings Are Conservative

Full year 2023 earnings: EPS misses analyst expectations

Orange S.A. Announces Dividend for the 2023 Fiscal Year

Orange S.A., Annual General Meeting, May 22, 2024

Orange's (EPA:ORA) Returns Have Hit A Wall

Orange S.A. (ENXTPA:ORA) commences an Equity Buyback Plan for €6,384.14 million worth of its shares, under the authorization approved on May 23, 2023.

Upcoming dividend of €0.30 per share at 6.3% yield

Orange (EPA:ORA) Has Affirmed Its Dividend Of €0.30

Orange, Masmovil Reportedly to Sell Assets to Digi as Remedy for Tie-Up Deal

Orange S.A. Confirms an Interim Dividend Cash Payment for 2023, Payable on 6 December 2023

Returns On Capital At Orange (EPA:ORA) Have Hit The Brakes

Orange (EPA:ORA) Takes On Some Risk With Its Use Of Debt

Orange's (EPA:ORA) Dividend Will Be €0.30

Orange S.A. to Report Q3, 2024 Results on Oct 24, 2024

Orange (EPA:ORA) Will Pay A Dividend Of €0.30

Orange (EPA:ORA) Has Affirmed Its Dividend Of €0.30

Orange S.A. Announces Interim Dividend in Respect of 2023, Payable on December 6, 2023

New minor risk - Profit margin trend

First half 2023 earnings released: EPS: €0.30 (vs €0.42 in 1H 2022)

Orange S.A. to Report Q3, 2023 Results on Oct 24, 2023

Consensus EPS estimates increase by 19%

Orange S.A. to Report Q3, 2023 Results on Oct 25, 2023

Is There An Opportunity With Orange S.A.'s (EPA:ORA) 48% Undervaluation?

Is Orange (EPA:ORA) A Risky Investment?

Upcoming dividend of €0.40 per share at 6.1% yield

Orange S.A. Appoints Momar Nguer and Gilles Grapinet to Its Board of Directors

Returns On Capital At Orange (EPA:ORA) Have Stalled

Full year 2022 earnings: EPS misses analyst expectations

Are Investors Undervaluing Orange S.A. (EPA:ORA) By 42%?

Full year 2022 earnings: EPS misses analyst expectations

Orange S.A., Annual General Meeting, May 23, 2023

Orange (EPA:ORA) May Have Issues Allocating Its Capital

Orange Group Announces the Departure of Ramon Fernandez, Deputy Chief Executive Officer in Charge of Finance

Cerberus Reportedly Considers Takeover of Orange Bank

Upcoming dividend of €0.30 per share

Vivendi's Canal Plus in Talks to Buy Orange's Film and Pay TV Units

Orange (EPA:ORA) Has Announced A Dividend Of €0.30

Orange S.A.'s (EPA:ORA) Intrinsic Value Is Potentially 96% Above Its Share Price

Orange S.A. to Report Q1, 2023 Results on Apr 27, 2023

Orange's (EPA:ORA) Dividend Will Be €0.30

Orange Reportedly Planning to Sell Orange Bank

Orange (EPA:ORA) Will Pay A Dividend Of €0.30

Orange Names Caroline Guillaumin as Executive Director of Communications, Effective 2 January 2023

Orange (EPA:ORA) Is Due To Pay A Dividend Of €0.30

Orange S.A. Announces Changes to Management Team

Orange (EPA:ORA) Is Paying Out A Dividend Of €0.30

Orange (EPA:ORA) Use Of Debt Could Be Considered Risky

Orange (EPA:ORA) Will Pay A Dividend Of €0.30

Here's What's Concerning About Orange's (EPA:ORA) Returns On Capital

First half 2022 earnings released

Orange Declares Interim Dividend for 2022, Payable on 7 December 2022; Proposes Dividend for the Fiscal Year 2022

Upcoming dividend of €0.40 per share

Here's Why Orange (EPA:ORA) Is Weighed Down By Its Debt Load

Orange S.A. Provides Dividend Guidance for the Year 2022

Orange's (EPA:ORA) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Full year 2021 earnings: EPS misses analyst expectations

Orange’s Board of Directors Proposes Jacques Aschenbroich as A Director and Future Group Non-Executive Chairman

Orange and MasMovil in Talks to Merge Spain Businesses

Full year 2021 earnings: Revenues in line with analyst expectations

Here's What To Make Of Orange's (EPA:ORA) Decelerating Rates Of Return

Upcoming dividend of €0.30 per share

CEO Compensation Analysis

CEO

Tenure

Compensation