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Maxime Saada appointed vice-president of Lagardère

Movement at the head of Lagardère.

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Maxime Saada appointed vice-president of Lagardère

Movement at the head of Lagardère. The boss of Canal and member of the board of its parent company Vivendi, Maxime Saada, was named vice-president of the Lagardère group on Wednesday, after the finalization of the takeover of the latter by the media giant controlled by the Bolloré family.

Maxime Saada “joins the executive committee of the Lagardère group and also retains his current functions,” Lagardère announced in a press release. The experience of the 53-year-old manager “will represent a capital asset in the development and strategy of the Lagardère group,” declared CEO Arnaud Lagardère, quoted in the press release.

Vivendi, owner of Canal, numerous magazines and the Havas communications group, has just finalized its takeover of Lagardère, in which it holds nearly 60% of the capital, at the end of a three and a half year series.

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