Laurent Guillot, who has spent most of his career with the building materials manufacturer Saint-Gobain, will become CEO of Orpea on July 1.
"Aged 52, an experienced manager, he will be responsible in particular for developing and implementing the improvement and transformation plan intended to build the new Orpea", specifies a press release from the group currently present in 23 countries and which manages more than 350 establishments for dependent elderly people in France.
The former managing director of the nursing home group, Yves Le Masne, was dismissed from his post at the end of January, after the publication of the investigative book "Les Fossoyeurs", by journalist Victor Castanet.
He denounced mistreatment of residents, misuse of public funds, breaches in social matters and conflicts of interest.
Philippe Charrier, non-executive chairman of the board of directors of Orpea, then became chairman and managing director of the group.
He will continue to chair the group from 1 July.
After the publication of the book-investigation, the government commissioned a report from the General Inspectorates of Finance (IGF) and Social Affairs (Igas).
Published in early April, it pointed to serious malfunctions.
For its part, Orpea had mandated the independent firms Grant Thornton and Alvarez & Marsal in February.
Their interim report, made public at the end of April, also noted dysfunctions.
Orpea's board of directors then asked the general management to propose to it, "as soon as possible", "an ambitious plan for improvement and transformation".
Orpea has already implemented “first corrective measures, such as the establishment of a platform for listening to families and a mediation system”, assures the group in its press release published on Monday.
On the Paris Stock Exchange, the title of Orpea fell 2.73% to 33.15 euros, Monday around 11:00 a.m.
It has lost more than half of its value since the start of the year.
© 2022 AFP