TITLE

De Pouzilhac Defiant After Bolloré Coup

AUTHOR(S)
O'Leary, Noreen; Rémila, Laurence
PUB. DATE
June 2005
SOURCE
Adweek;6/13/2005, Vol. 46 Issue 24, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Havas chief executive officer (CEO) Alain de Pouzilhac's public battle for control of Havas. French corporate raider Vincent Bolloré, who is Havas' largest shareholder, with a 20 percent stake, shrewdly outmaneuvered de Pouzilhac. At the raucous five-hour annual shareholders meeting, de Pouzilhac was blind-sided by the betrayal of two key allies. The meeting was a stinging defeat for de Pouzilhac, made all the more humiliating by the CEO's own public relations buildup and outspoken attacks on Bolloré in recent weeks.
ACCESSION #
17432559

 

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