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Vivendi CEO Jean-Bernard Levy steps down

02 июля 2012

Vivendi SA Chief Executive Jean-Bernard Levy stepped down at a board meeting Thursday evening, following a "divergence of views on the strategic development of the group," the company confirmed.

Longtime Vivendi executive Jean-Francois Dubos, currently general counsel, is assuming Mr. Levy's role effective immediately, the company added. At Vivendi's French telecom unit, SFR, where Mr. Levy had been the interim chief, Vivendi executive Stephane Roussel will step in, Vivendi said.

Mr. Levy, who has been with Vivendi for a decade, is being squeezed out as the board has slowly shifted its view to believe the company's assets should be hived off, or even split apart altogether, according to a person familiar with the matter.

The conglomerate's holdings include French phone operator SFR, music giant Universal Music Group, videogame publisher Activision Blizzard, French pay-TV company Canal Plus, and African phone operator Maroc Telecom.

Shares shot up 5.5% Thursday to 14.195 euros ($17.72), after earlier media reports of Mr. Levy's exit.


Источник: Total Telecom

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