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Bollore wants Vivendi CEO job - report
2013-09-09 15:33:00| Telecompaper Headlines
(Telecompaper) French telecom and entertainment conglomerate Vivendi has picked up the pace in the last few days in its search for a CEO to succeed Jean-Francois Dubos, who holds the post on an interim basis, writes Les Echos. The nominating committee is due to meet during the week of 9 September, and the supervisory committee is expected to ratify the decision before the end of the month. The headhunting operation, underway since the start of the summer, came up with Bertelsmann chairman and CEO Thomas Rabe as the favourite. However, according to the paper's sources, French industrialist Vincent Bollore, who owns over 5 percent of Vivendi, was not happy with the possibility of a German heading the two "jewels" (fleurons) of French industry, satellite TV broadcaster Canal Plus and telecom operator SFR. As a result, Bollore is now going for the job himself, the report said.
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Category:Telecommunications