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Stefan Richard, Former CEO of Orange, Joins Perella Weinberg as Partner | Image source: Orange /nicolasgouhier

PARIS (Reuters) – U.S. investment bank Perilla Weinberg Partners announced on Tuesday the arrival of the former Orange CEO as a partner in his Paris office starting June 1.

The investment bank noted in a press release that “Stefan Richard will carry out his advisory activity on operations in all sectors, national and international within the scope of this office.”

Stefan Richard resigned from his position as Chairman and CEO of Orange at the end of last year after being found guilty of appeal in the arbitration case between Bernard Tapie and Credit Lyonnais.

His successor at the helm of the telecom operator, Christel Heidemann was appointed general manager while Jack Aschenbroich was appointed as non-executive president.

Perella Weinberg Partners has nearly 600 partners worldwide, with offices in New York, Houston, London, Calgary, Chicago, Denver, Los Angeles, Paris, Munich and San Francisco. (Reporting by Matthew Brotthard; Editing by Kate Enteringer)



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