[Wccftech] Yves Guillemot’s son and Christophe Derennes named Co-CEOs of new Tencent subsidiary at Ubisoft

SomeNorseGuy

Gold Member

Ubisoft has announced that Charlie Guillemot, son of Ubisoft co-founder and chief executive officer, Yves Guillemot, will be a co-chief executive officer alongside Christophe Derennes of Ubisoft's newly formed subsidiary with Tencent.
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Back in March, Ubisoft announced that it was forming a new subsidiary that would be partially owned by Tencent, within which Ubisoft would house its biggest IPs and franchises: Assassin's Creed, Far Cry, and Rainbow Six. Since then, despite some leaked information and an official statement regarding where the subsidiary would be in the hierarchy of Ubisoft's global team and how it would function, we've not had a lot of insight into this new subsidiary.

Now, at least, we have our latest bit of new information, with the subsidiaries' leaders having been named. Christophe Derennes comes to the role after most recently being the head of Ubisoft's North American studios, a role he stepped into in 2023. Before that, he had been the general manager of Ubisoft Montreal since 2020, one of Ubisoft's more famous branches, and one that Derennes co-founded in 1997, where he served the bulk of his time as an executive vice president of production.
Overall, he's been with Ubisoft for 35 years, and says that his focus in this new role is "to finalize the foundations of this new entity, clarifying team responsibilities while ensuring current projects and roadmaps stay on course."

Charlie Guillemot, in a way, has been with Ubisoft his whole life, growing up with it as the family business his dad and uncles had started. He properly joined the company right out of college, and after graduating with a master's degree in computer science, in 2014, he was named the studio head of Owlient. The studio had been acquired by Ubisoft and was set to make mobile games, including Tom Clancy's Elite Squad, which launched in 2020 and was immediately met with controversy at launch due to its intro video including imagery that suggested the Black Lives Matter movement was part of a terrorist plot.
Ubisoft apologized, changed the video, and in 2021, Charlie Guillemot left the company. He faced criticism from employees who saw his appointment to Owlient studio head as nepotism, especially considering that he got the job just out of school. In an interview with Variety that went live alongside the announcement of Charlie Guillemot and Christophe Derennes as new co-CEOs, Charlie Guillemot addressed the nepotism factor, claiming, "What matters now isn't my name, it's the work ahead."

"Yes, I'm Yves' son," he began, "That's not something I hide from. But my appointment isn't only about family ties; it's about what Ubisoft needs at this moment. I've spent the last decade building experience both inside and outside Ubisoft, leading teams, managing brands, and navigating change in a fast-moving industry. I also made the conscious choice to step away when it made sense, to learn and grow elsewhere."

"What matters now isn't my name, it's the work ahead. Ubisoft is at a pivotal moment. What's expected of me is to help push the company forward by bringing energy, focus, and by relying on the incredible expertise that already exists across the teams. I see myself as someone here to contribute, support, and help create the right conditions are in palce for everyone to do their best work. And beyond that, this industry is where I want to be. There's nowhere quite like it, where creativity, talent, and technology intersect in such dynamic ways, and where you constantly have to adapt to new platforms, new ideas, new expectations from players. That's what draws me in." "I'm fully committed to doing everything I can to make this work. Ubisoft matters to me as a company, as a team, and as a place known for taking risks. I know trust is earned, not given. That's exactly how I approach this role."
This is now officially Charlie Guillemot's third role within Ubisoft, since he jumped from Owlient studio head to the lead of Ubisoft's transformation committee, a role he was appointed to earlier this year. In between 2021 and 2025, he co-founded a Web3 and AI-focused studio, Unagi, which he's still the chief executive officer of, according to his LinkedIn page.

As to why Charlie and Christophe were chosen for the co-CEO roles, father to Charlie and boss to Christophe, Yves Guillemot, said, "Christophe brings a deep production expertise and decades of hands-on production leadership in Canada on the Assassin's Creed, Far Cry, and Rainbow Six franchises. Charlie brings an entrepreneurial perspective, a sharp understanding of evolving industry dynamics and players' expectations, shaped by his experience in game development. He has a strong product mindset, a deep understanding of tech, and a passion for games."

He also added that they bring "distinct complimentary strengths that will be instrumental in making this new step in the history of Ubisoft a success."

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The crown prince stepping up. UbiSaved? 😅
 
Isn't this illegal ? I own the ubi stock they cherry picked all the good ips are moved them into a new company? Like how is that shit not illegal.
 
Isn't this illegal ? I own the ubi stock they cherry picked all the good ips are moved them into a new company? Like how is that shit not illegal.
I am sure their highly paid lawyers set it up so it's legal.

It's not ethical and I am sure it's bad for investors, but it's going to be super legal since there is no way Tencent will want to be involved in a controversy in EU right now.
 
Yves trying to set his son up for success with the good part of the company. Yay, nepotism!
I can't wrap my head around why either father or son would want this situation. No matter how good of a job he does, he'll never be seen as anything other then a spoiled son who got handed a high paying gig by his daddy. 🤷‍♂️
 
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Hopefully they can make the company profitable again.
When the transformation committee was announced last month, employees were upset because in their view most of the people on the list (including Charlie) were the ones who steered Ubisoft into the shitty situation it finds itself in today.
 
Sure it is. So was the ABK acquisition and here we are.

Corruption penalties are for peasants, not for these megacorps.

What was illegal about the ABK acquisition? Shareholders agreed with the market figure offered.

Ubishit literally took the most valuable assets of Ubisoft each title was spun into its own 'company' under ubi control and those will slowly be sold for pennies off to Tencent and a new company. Leaving Ubisoft shareholders holding the bag of a company with zero value.
 
Isn't this illegal ? I own the ubi stock they cherry picked all the good ips are moved them into a new company? Like how is that shit not illegal.
Sure it is.

It isn't really a new company, being an Ubisoft subsidiary it's more like a new Ubisoft division, as another one is Ubisoft Mobile, even if technically that division is a company, and at the same time each studio is a different company too.

And yes, to create a new subsidiary and move there some studios and IPs is totally legal and there's nothing wrong with it. It's really dumb to say it's illegal.
 
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Isn't this illegal ? I own the ubi stock they cherry picked all the good ips are moved them into a new company? Like how is that shit not illegal.
Only if the only reason they got it was if it was his son.

That is only illegal if it sole purpose was based on being a family member.

Someone can be in family business and actually have the qualities and experience to do those positions. This man has a Master's Degree in this field and started a company before doing much in Ubisoft, Ubisoft itself was literally started by family...

So I'd only be outraged if the person has nothing to do with gaming, nothing to do with computers and was just handed this or that
 
Y'all worrying about his son when the real thing to worry about (and the real reason why this is doomed to failure) is fucking Tencent.
 
Y'all worrying about his son when the real thing to worry about (and the real reason why this is doomed to failure) is fucking Tencent.

I'm not really worried, they were heading for bakruptcy anyway - this might be the shakeup they needed or they'll fail like they were going to anyway without 10cent. 🤷‍♂️
 
Y'all worrying about his son when the real thing to worry about (and the real reason why this is doomed to failure) is fucking Tencent.
Ubisoft games cannot get any worse at this point.

They've found an elaborate way to hold onto power whilst still following the same business strategy that got them in this position in the first place. It's just delaying the inevitable.
 
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