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Ubisoft expands board of directors to combat Vivendi influence

Ubisoft is looking to shield itself from the growing influence of French media conglomerate, Vivendi, by filling out its board of directors with two new independent directors.

Chris Kerr, News Editor

July 6, 2016

1 Min Read
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Ubisoft is looking to shield itself from the growing influence of French media conglomerate, Vivendi, by filling out its board of directors with two new independent directors. 

The proposed appointments of former Uber strategist Frédérique Dame and Wrigley CFO Florence Naviner will be subject to the approval of a shareholders' meeting on September 29.

If approved, the board would expand to 10 members, and with five independent directors Vivendi's ability to influence the Assassin’s Creed creator would be somewhat diminished.

"We are delighted to continue the expansion of our board of directors with the appointment of Frederique and Florence as independent directors," said Ubisoft CEO, Yves Guillemot.

"They will bring Ubisoft valuable and complementary experience [and] are valuable assets to the board at a time where Ubisoft has set itself an ambitious roadmap."

The changes are unlikely to dissuade Vivendi from pursuing the studio. Vivendi recently accomplished a hostile takeover of former Ubisoft sister company Gameloft, and has continued to purchase Ubisoft shares as Vivendi's takeover threat continues to loom.

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About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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