VU Games shuffles executives, reorganizes further
Shake-up that started in January continues as Vivendi Universal game unit is split into "separate businesses."
Last month, VU Games CEO Bruce Hack informed staffers of a reorganization of North American based operations. Part of that reorg was the firing of more than a third of the companys 900-strong staff. Today the company delivered further on its promise to reorganize the storied publishing company.
A release issued from VU's dual Paris and Los Angeles headquarters stated that from this point on, the divisions headquartered in Europe, Asia-Pacific, and North American regions would be operated as distinct units with their own presidents. Each president would in turn report directly to Hack, who himself has only been VU CEO for six months.
Jean-Francois Grollemund, the companys CFO, will take over the reins as president of European operations August 1; Hubert Larenaudie assumes the role of president, Asia-Pacific, effective immediately; and Philip W. O'Neil retains his title of president, North America.
Christophe Ramboz, president and COO of international, will depart VU to pursue other opportunities. Ramboz will stay on during a "transition" through the end of the month.