Vivendi : What conclusions can be drawn from the new management board
>New management board and new CFO - Vivendi yesterday announced that its supervisory board had appointed a new management board as of 23 June. Arnaud de Puyfontaine remains chair. The composition of the management board is to change and only one of its current members, Frédéric Crépin, remains, with the appointments of: 1/ Frédéric Crépin, Vivendi General Counsel; 2/ François Laroze, who will be appointed CFO of Vivendi and will retain his duties as CFO at Havas; 3/ C...Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.
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