Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Netanyahu deletes tweet featuring photo of James Foley

Read more

THE WORLD THIS WEEK

The World This Week - 22 August 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 22 August 2014

Read more

FRANCE IN FOCUS

FRANCE IN FOCUS

Read more

FOCUS

Lifting the veil over China's air pollution

Read more

ENCORE!

Tango Takeover in Paris

Read more

WEB NEWS

Calls for ISIS media blackout after execution of James Foley

Read more

IN THE PAPERS

'Steely resolve of reporters exploited by pared-down employers'

Read more

BUSINESS DAILY

US judge calls Argentina bond swap offer illegal

Read more

  • Europe launches navigation satellites to rival GPS

    Read more

  • Besieged by problems, Hollande faces unhappy return from summer holidays

    Read more

  • Iraqi Sunnis quit govt talks after mosque massacre

    Read more

  • US demands Russia withdraw aid convoy from Ukraine

    Read more

  • US rights group sues government over ‘deportation mill’

    Read more

  • PSG fall flat once more against Evian

    Read more

  • Fed Chair says US job market still hampered by Great Recession

    Read more

  • August 22, 1914: The bloodiest day in French military history

    Read more

  • Central African Republic announces coalition cabinet

    Read more

  • Hamas publicly executes "informers"

    Read more

  • French firebrand leftist to quit party presidency, but not politics

    Read more

  • Fear of Ebola sky-high among Air France workers

    Read more

  • US says Islamic State threat 'beyond anything we've seen'

    Read more

  • Malaysia mourns as remains of MH17 victims arrive home

    Read more

  • Turkish Foreign Minister Davutoglu set to be Erdogan's new PM

    Read more

  • Interactive: Relive the Liberation of Paris in WWII

    Read more

Business

CEO Levy to resign after conflict over Vivendi's future

Text by News Wires

Latest update : 2012-06-29

French entertainment giant Vivendi announced Thursday that CEO Jean-Bernard Levy will be stepping down over a difference of opinion about what direction the company should take. Levy joined Vivendi in 2002 and has served as CEO since 2005.

AP - French entertainment group Vivendi says its chief executive is stepping down because of a difference of opinion about the direction of the company.

Jean-Bernard Levy’s departure after a decade with Vivendi comes after a meeting of its supervisory board on Thursday.

Levy joined Vivendi as chief operating officer in 2002 and took the helm in 2005.

The Paris-based company said Jean-François Dubos, its general counsel, will replace Levy as chairman of Vivendi’s management board. Besides Levy and Dubos, the board’s only other member is Chief Financial Officer Philippe Capron.

Vivendi, owns Universal Music Group and telecommunications and video game companies.

Date created : 2012-06-29

  • FRANCE

    Free’s Xavier Niel – France’s answer to Steve Jobs?

    Read more

  • FRANCE

    Free’s aggressive assault on French mobile market

    Read more

  • FRANCE

    Air France ex-CEO urged to return severance bonus

    Read more

COMMENT(S)