Verstraete Becomes Orange CFO

Thierry Lemaitre becomes chief financial officer of Wanadoo, replacing Wilfried Verstraete, who becomes CFO of Orange

February 14, 2003

1 Min Read

PARIS -- Wilfried Verstraete, Chief Financial Officer of Wanadoo, has been appointed Chief Financial Officer of Orange as of March 3, 2003. A Belgian citizen, Wilfried Verstraete, 44, was CFO of Wanadoo since September 2000. From 1996 to 2000, he was CFO of Mobistar, a listed mobile subsidiary of France Telecom in Belgium. For Wanadoo, this promotion within the France Telecom group comes as recognition of the work accomplished by Wilfried Verstraete since Wanadoo's IPO in July 2000. Wanadoo has since become the first profitable European ISP and met its financial targets one year ahead of the schedule set out at the time of the IPO.Thierry Lemaitre is appointed CFO of Wanadoo as of March 3, 2003. Thierry Lemaitre, 35, was graduated in 1991 from the Ecole Supérieure de Commerce of Reims. He joined France Telecom in 1997 as Deputy manager in charge of Group consolidation, after 5 years at Ernst & Young. Having started at Wanadoo in 1999 as Chief controller, he was Deputy CFO since 2001.Wanadoo SAOrange SA

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