Canal Plus Group’ Boss Bertrand Meheut Steps Down

PARIS– Canal Plus Group’s chairman Bertrand Meheut has stepped down after a 13-year tenure at the Vivendi-owned French pay TV giant.

Jean-Christophe Thiery, who previously served as president of Bolloré Group, has been appointed to replace Meheut at the helm of Canal Plus Group. He’s also joining the company’s supervisory board, along with Julien Verley.

Meanwhile, Vivendi chairman Vincent Bolloré, who has been tightening his grip over the paybox group’s editorial offer and organisation since becoming Vivendi’s majority shareholder, was named chairman of Canal Plus Group’s supervisory board.

Meheut’s anticipated departure follows the axing of Canal Plus’ CEO Rodolphe Belmer who was immediately replaced by Maxime Saada in July.

“The Supervisory Board wishes to warmly thank Bertrand Meheut for his outstanding work at the helm of Canal+ Group for the last 13 years. He has been responsible for the company’s spectacular recovery and its transformation into the largest French media group, with leading positions in television and film,” said Vivendi in its public statement.

Bertrand Meheut is expected to continue advising to Bolloré.

As announced yesterday, Vivendi is also currently in talks to acquire a share in the new media powerhouse formed by Banijay and Zodiak, whose merger will soon be completed.

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