Grimond exits after Viv U merger fails

Exec to stay in H'wood, but may pursue French ambitions

PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company.

Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer.

Before that he had been chairman and CEO of Studio Canal. “One of my functions was to establish an efficacious relationship between the studios in the U.S. and in Europe. There was substance in the project.”

“But that’s no longer on the agenda,” Grimond told Daily Variety, adding, “Ever since the rapprochement of Universal and USA I had been asking myself what I really wanted to do.”

For now Grimond and his family are staying in Los Angeles. “I don’t know how many French people have had the good fortune to work in Hollywood at the level that I did,” he said.

But in the longer term, he will pursue his ambitions back in France. He wants to stay in the film biz, and doesn’t rule out doing business with the Canal Plus Group, with whom he parted “on amicable terms.”

A number of other execs catapulted from one continent to the other at the time of the merger have also upped sticks, including Bill Sutman, who left the Canal Plus Group where he was executive vice president, finance, in June, returning to L.A. to become executive VP and chief financial officer at Universal Pictures.

More Biz

  • Brian Roberts Sun Valley Conference

    Merger Mania Dominates Talk at Sun Valley Moguls' Confab

    PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company. Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer. Before that he had […]

  • Discovery Extends CEO David Zaslav's Contract

    Discovery Extends CEO David Zaslav's Contract Through 2023

    PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company. Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer. Before that he had […]

  • Sire Records Cofounder Seymour Stein Leaving

    Sire Records Co-Founder Seymour Stein Leaving Warner Music Group After Four Decades

    PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company. Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer. Before that he had […]

  • Mark Zuckerberg

    Five Things We Learned From Mark Zuckerberg's Interview With Recode

    PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company. Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer. Before that he had […]

  • Jay-Z Slams Philadelphia Mayor for Made

    Jay-Z Slams Philadelphia Mayor for Made in America Festival Move

    PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company. Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer. Before that he had […]

  • Steph Curry Uncovered

    Steph Curry Says He Would 'Jump' at the Chance to Act

    PARIS — Vincent Grimond, a key exec in the once-mooted operational merger of Vivendi Universal’s U.S. and French media businesses, has ankled the company. Grimond was dispatched to Los Angeles in January 2001 to be senior executive vice president, operations and finance, at the Universal Studios Group, reporting to Ron Meyer. Before that he had […]

More From Our Brands

Access exclusive content