HOLLYWOOD — As Vivendi Universal’s board meets in New York, the company made two announcements: Gabriel Hawawini is joining the board, replacing Dominique Hoenn, and the conglom has closed the $159 million sale of Comareg, a French publisher of free weekly newspapers, to the French Antilles Group.
Hawawini is dean of the French business school Insead. He will sit on Vivendi’s audit committee. Hoenn joined the Viv U board in June of last year. In a statement, Viv U said he had “decided to resign for personal reasons.”
Announcements came as the Viv U board met under close scrutiny after CEO Jean-Marie Fourtou announced that he intended to sell the conglom’s U.S. entertainment assets this year.