ORPEA Strengthens Its Senior Management Team With the Appointment of Laurent Lemaire as Executive Vice President Finance & Administration
The ORPEA Group (Paris:ORP), a world leader in long-term care (nursing homes, assisted-living facilities, post-acute and rehabilitation and mental health hospitals, and home care services), today announces the strengthening of its senior management team with the appointment of Laurent Lemaire as Executive Vice President Finance and Administration.
Creation of the EVP Finance and Administration position to complete an organization focused on accelerating value creation
To cope with its new phase of international growth, ORPEA has implemented a new organization based on geographical zones (Chief Executive Officer, Chief Financial Officer and Chief Operating Officer) and administrative headquarters that bring together all support functions. At the same time, the Group has strengthened its Corporate teams in order to develop standard guidelines, support local teams and coordinate the implementation of its strategy.
ORPEA is completing this organization with the creation of the position of EVP Finance and Administration with the aim of coordinating financial management teams across all regions, optimising financial and real-estate policies and strengthening general management.
Laurent Lemaire appointed Executive Vice President Finance and Administration
This position will be held by Laurent Lemaire who is joining the Group and will assist the Chief Executive Officer Yves Le Masne in the roll-out and financial structuring of the value-creation strategy.
Laurent Lemaire will actively contribute to the implementation of the Group's international expansion strategy while ensuring active management of the balance sheet to increase returns on investment. Accordingly, Laurent’s role will be cross-disciplinary as he will coordinate and manage all aspects of the Finance department as well as Real-estate strategy, Legal, IT and Procurement. He will also lead the community of CFOs.
Laurent will bring his experience to the definition and implementation of the company's strategic vision, by relying on the current teams who gather several decades of experience. In particular, he will be in charge of optimizing balance sheet management, where he will be able to rely on Sébastien Mesnard, Director of Group Financing and Accounting.
Laurent Lemaire will be appointed to the Group’s Executive Committee.
Laurent Lemaire, more than 30 years of experience in financial management
As an ESSEC graduate, Laurent Lemaire began his career at Danone where he spent almost 20 years in various financial roles (planning, financial engineering, investor relations and CFO). In 2007, he joined the listed group Steria, where he spent nine years, first as General Manager of Finance, Legal, Procurement, IT & Transformation and then as Group Chief Financial Officer in the context of the merger with Sopra. In 2016, he joined Korian as Group Chief Financial and Administrative Officer. Finally, for the past three years, Laurent Lemaire has been the Group CFO of Idemia, the global leader in identity and secure transaction management and a company undergoing an LBO.