Ubisoft’s New Subsidiary Has Yves Guillemot’s Son as Co-CEO

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Ubisoft’s freshly established affiliate has recently filled some key executive roles. As reported by Variety, Charlie Guillemot will be serving alongside Christophe Derennes in the dual role of co-CEOs. In an interview with the outlet, Guillemot clarified that despite being the son of Ubisoft CEO Yves Guillemot, his appointment to co-CEO at this subsidiary was not due to nepotism.

During the interview, Guillemot discussed his professional journey at Ubisoft as well as other companies where he has effectively led teams and overseen brands. He clarified, “Indeed, I am Yves’ son, a fact I don’t conceal. However, it’s important to note that my appointment is not solely based on familial connections; it’s about addressing Ubisoft’s current needs.

Over the past ten years, I’ve accumulated diverse experience, some within Ubisoft and some beyond, where I guided teams, oversaw brands, and adapted to rapid changes in a dynamic field. I also deliberately took breaks when appropriate, to broaden my horizons and develop professionally outside of that environment.

In the continuation of his discussion, Guillemat elaborated on Ubisoft’s future strategies. With the affiliate concentrating on solo-player narrative games, live-service multiplayer titles, and mobile gaming, he acknowledged that expanding this evolving enterprise would be a significant task for him.

As a passionate advocate, I find myself at a crucial juncture with Ubisoft. It’s not about me or my identity; it’s all about the challenging path ahead. My role is to inject vigor and concentration while leveraging the extraordinary knowledge that flourishes within our teams. I view myself as an ally, here to provide assistance, foster growth, and establish a conducive environment for everyone to shine at their best.

Apart from that, my aim lies within this specific field. It’s unique in its blend of creativity, skill, and technology, creating a fascinating intersection that’s always evolving. The challenge of adapting to fresh platforms, novel concepts, and shifting player demands is what truly captivates me.

The subsidiary was established as part of a €1.16 billion partnership between Ubisoft and Tencent, which was first announced in March. It was later disclosed in May through their earnings report that this company would primarily focus on single-player and live-service multiplayer games. According to the agreement between Ubisoft and Tencent, Ubisoft retains ownership of its primary intellectual properties such as Assassin’s Creed, Far Cry, and Rainbow Six, while Tencent holds a 25% minority stake in the subsidiary.

In its May earnings report, the company announced that Tencent plans to invest €1.16 billion in a new subsidiary through a primary offering. This investment will give Tencent approximately 25% ownership of the economic interests of this new entity. Additionally, at least €500 million from this investment will be transferred to Ubisoft upon closing, providing the new subsidiary with initial working capital.

Speaking of the subsidiary, Ubisoft’s CEO, Yves Guillemot, stated that it was established with a dual purpose: to maintain flexibility across the entire company and to set ambitious goals. Moreover, he expressed his desire for expanding well-known brands as well as developing new intellectual properties (IPs).

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2025-07-17 15:41