Ubisoft Appoints CEO's Son as Co-CEO of New Subsidiary

Ubisoft Appoints CEO's Son as Co-CEO of New Subsidiary

From Game Rant (Written by Justin Wren) on | OpenCritic

Ubisoft has announced that the son of co-founder Yves Guillemot will serve as Co-CEO of its new subsidiary. Backed by Tencent, the new subsidiary will focus on several popular franchises owned by the publisher, including Assassin's Creed, Far Cry, and even Rainbow Six. This news follows the recent layoff of 19 employees at Red Storm Entertainment, the Ubisoft studio that was founded in part by Tom Clancy.

These two decisions are probably unrelated, but despite recent restructuring efforts at Ubisoft, at least fans can rest assured that the company still has plans for the future of at least one Tom Clancy franchise. From the beginning, the plan for this project was to poach the best developers from other offices to create a roadmap for what lies ahead. Yves Guillemot's original comments about this subsidiary suggest that the goal of this venture is to ensure the best chance for success with three of the most important franchises in Ubisoft's history.

Veteran game developer Ubisoft delegates Assassin’s Creed and other top franchises to a new subsidiary backed by another major industry player.

According to Ubisoft, Charlie Guillemot and Cristophe Derennes have been chosen to work together as Co-CEOs of the...

See full article at Game Rant