If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Ubisoft wards off Vivendi by nominating two new board members

Hostile takeover defense force initiated.

Ubisoft is adding two new independent directors to its board as the giant publisher wards off a hostile takeover from Vivendi.

Pending shareholder approval on 29th September, Ubisoft would like to add Frederique Dame and Florence Naviner as independent directors. Conversely, one of its independent directors, Estelle Metayer, will be stepping down this autumn.

Should the new board members be approved, this would bring the board to 10 members, half of which would be independent directors. More importantly, these would be new directors that aren't affiliated with Vivendi, a company that's been vying for room on the board.

Last month Vivendi seized control of Gameloft, the mobile publisher owned by Ubisoft founders the Guillemot brothers. Yves Guillemot called the move "unsolicited and unwelcome". Adding new blood to the boardroom that isn't tied to Vivendi is Ubisoft's latest play to prevent the impending siege.

As far as the impending board members go, Dame is an angel investor in Silicon Valley, where she helped Uber expand from 80 people to over 7000 as the company expanded its presence from 14 cities to over 400 in the four years since she joined in 2012. Naviner, meanwhile, is the CFO and senior vice president of Wrigley.

Will you support Eurogamer?

We want to make Eurogamer better, and that means better for our readers - not for algorithms. You can help! Become a supporter of Eurogamer and you can view the site completely ad-free, as well as gaining exclusive access to articles, podcasts and conversations that will bring you closer to the team, the stories, and the games we all love. Subscriptions start at £3.99 / $4.99 per month.

About the Author

Jeffrey Matulef avatar

Jeffrey Matulef

Contributor

Jeffrey Matulef is the best-dressed man in 1984.

Comments

More News

Latest Articles

Supporters Only

Eurogamer.net logo

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Eurogamer.net Merch