Vivendi boss to leave due to dispute with board
June 29 , 2012
The boss of French media and telecoms group Vivendi is stepping down following a dispute with his board over the company's future strategy.
Jean-Bernard Levy was quitting "following a divergence of views on the strategic development of the group", according to a statement released by Vivendi.
Jean-Francois Dubos, currently the company’s chief lawyer, will replace him.
Vivendi's main telecoms business, SFR, has recently faced increased competition, which has seen it lose substantial market share.