Valeo Group | 30 Mar, 2022 | 1 min

Press release

Valeo’s Board of Directors acknowledges today’s announcement of the decision of the Board of Directors of Orange to appoint Jacques Aschenbroich as Chairman of the Board of Orange following its General Shareholders’ Meeting to be held on May 19, 2022, subject to his appointment as Director by such General Shareholders’ Meeting.

Valeo’s Board of Directors, under the guidance of the Governance, Appointments and Corporate Social Responsibility Committee, is continuing the process of selecting a new Chairman of the Board.

If this appointment is confirmed by Orange’s shareholders, Jacques Aschenbroich will continue to act as Director and Chairman of the Board of Directors of Valeo until the appointment of the new Chairman and no later than 2022 year’s end.