Orange Boss Resigns
Orange has unexpectedly announced that Sol Trujillo is stepping down as Chief Executive Officer. The Orange Board of Directors have agreed to adopt the recommendation of the Orange Nominations Committee in appointing Sanjiv Ahuja, currently Orange COO, as Sol Trujillo's successor.
Over the past year Sol has overseen the implementation of a major programme of organisational and management change across the Orange group. Sol is now returning to the United States where he will pursue a range of business interests. Sol will be maintaining his links with the Group as a special adviser to Thierry Breton, Chairman of France Telecom SA and Orange.
France Telecom Chairman, Thierry Breton said: ''Sol has done an outstanding job at Orange, implementing with great effectiveness a common strategic vision and identifying a successor in Sanjiv who is perfectly equipped to guide the business into the future. Sol has moved Orange from the federation of companies that resulted from years of rapid expansion to the unified organisation we have today. The team he assembled has taken the Orange brand and vision to the next level, creating a stronger business that is more focused on its customers, clearer in its thinking and more efficient in delivering results.
Sanjiv Ahuja will be joined on the France Telecom Executive Committee by John Allwood, Head of Orange UK operations and Didier Quillot, Head of Orange France operations. Didier will have responsibility for branding and marketing for the entire Group.
As previously announced, following the conclusion of France Telecom's Offer to Orange minorities expected to occur in April, Orange will retain its own Board and will continue the development of its stated strategy and brand identity."
Posted to the site on 1st April 2004
