Vivendi Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Arnaud de Puyfontaine

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	11yrs
CEO ownership	0.05%
Management average tenure	4.8yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arnaud de Puyfontaine's remuneration changed compared to Vivendi's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€389m
Mar 31 2024	n/a	n/a	€413m
Dec 31 2023	n/a	n/a	€437m
Sep 30 2023	n/a	n/a	-€282m
Jun 30 2023	n/a	n/a	-€1b
Mar 31 2023	n/a	n/a	-€857m
Dec 31 2022	n/a	n/a	-€712m
Sep 30 2022	n/a	n/a	-€440m
Jun 30 2022	n/a	n/a	-€169m
Mar 31 2022	n/a	n/a	-€399m
Dec 31 2021	€4m	€2m	-€630m
Jun 30 2021	n/a	n/a	-€652m
Mar 31 2021	n/a	n/a	-€291m
Dec 31 2020	€3m	€1m	€69m
Sep 30 2020	n/a	n/a	€2b
Jun 30 2020	n/a	n/a	€2b
Mar 31 2020	n/a	n/a	€2b
Dec 31 2019	€3m	€1m	€2b
Sep 30 2019	n/a	n/a	€1b
Jun 30 2019	n/a	n/a	€482m
Mar 31 2019	n/a	n/a	€305m
Jan 01 2019	n/a	n/a	€127m
Oct 01 2018	n/a	n/a	€963m
Jun 30 2018	n/a	n/a	€1b
Mar 31 2018	n/a	n/a	€1b
Jan 01 2018	n/a	n/a	€1b

Compensation vs Market: Insufficient data to establish whether Arnaud's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Arnaud's compensation has been consistent with company performance over the past year.

CEO

Arnaud de Puyfontaine (60 yo)

11yrs

Tenure

€4,465,346

Compensation

Mr. Arnaud de Puyfontaine, E.S.C.P. M.B.A. serves as Chairman of Board at PRISMA MEDIA, SNC. He has been Chairman of Management Board at Vivendi SA since June 24, 2014 and has been a Member of Management B...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arnaud de Puyfontaine	Chairman of Management Board & CEO	11yrs	€4.47m	0.046% € 4.3m
Frédéric Crépin	Member of the Management Board	10.4yrs	€2.23m	0.034% € 3.2m
Cédric de Bailliencourt	Member of the Management Board & Senior VP	7.2yrs	€1.16m	no data
Francois Laroze	CFO & Member of Management Board	2.4yrs	no data	0.016% € 1.5m
Claire Leost	Member of the Management Board	2.4yrs	no data	0.00020% € 18.8k
Celine Merle-Beral	Chief of HR Strategy & Corporate Culture and Member of Management Board	2.4yrs	no data	0.0022% € 211.9k
Maxime Saada	Member of the Management Board	2.4yrs	no data	0.017% € 1.6m
Xavier Le Roy	Executive Vice President of Investor Relations & Corporate Development	no data	no data	no data
Lorella Gessa	Chief Communications Officer	2.4yrs	no data	no data
Mathieu Peyceré	Executive Vice President of Group Human Resources	12.3yrs	no data	no data
Vincent Vallejo	Senior Vice President of Audit & Special Projects	20.5yrs	no data	no data
Laurence Daniel	Senior Vice President of Mergers & Acquisitions	no data	no data	no data

4.8yrs

Average Tenure

57yo

Average Age

Experienced Management: VVU's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vincent Bollore	Censor & Special Advisor to the Chairman of the Management Board	5.6yrs	€37.50k	0.0067% € 631.8k
Philippe Benacin	Vice Chairman & Lead Independent Member of the Supervisory Board	10.4yrs	€105.00k	0.0014% € 131.8k
Laurent Dassault	Independent Member of Supervisory Board	4.6yrs	€95.71k	0.00010% € 9.4k
Yannick Bollore	Chairman of Supervisory Board	8.5yrs	€60.00k	0.016% € 1.5m
Cyrille Bollore	Member of Supervisory Board	5.6yrs	€125.71k	0.0024% € 224.1k
Katie Stanton	Independent Member of Supervisory Board	10.4yrs	€87.14k	0.00010% € 9.4k
Paulo Cardoso	Employee Representative Member of Supervisory Board	10.1yrs	€120.00k	no data
Catherine Lawson-Hall	Independent Member of Supervisory Board	9.2yrs	€135.00k	0.00023% € 21.7k
Véronique Driot-Argentin	Member of the Supervisory Board	7.6yrs	€80.00k	0.00044% € 41.4k
Sandrine Bihan	Employee Shareholder Representative Member of the Supervisory Board	7.6yrs	€80.00k	0.00039% € 36.7k
Michèle Reiser	Independent Member of the Supervisory Board	6.6yrs	€120.00k	0.00010% € 9.4k
Maud Fontenoy	Independent Member of the Supervisory Board	2.6yrs	no data	no data

7.6yrs

Average Tenure

55yo

Average Age

Experienced Board: VVU's board of directors are considered experienced (7.6 years average tenure).

Vivendi Management

Management criteria checks 3/4

Key information

Recent management updates

Vivendi Appoints Damien Marchi as Executive Vice-President, Corporate Social Responsibility

Vivendi: Gameloft Appoints Alexandre De Rochefort as Chief Executive Officer

Vivendi Se Announces Executive Changes

Vivendi Appoints Charlotte Levy-Frébault as Director of Internal Communications

Vivendi Group Announces Executive Changes

Vivendi SE, Annual General Meeting, Apr 25, 2022

Recent updates

First half 2024 earnings released: EPS: €0.16 (vs €0.20 in 1H 2023)

Vivendi Announces the Conclusion of A Settlement Agreement with All the Institutional Investors

Vivendi SE Approves Cash Dividend for the Fiscal Year 2023, Payable from May 3, 2024

Upcoming dividend of €0.25 per share

Dividend of €0.25 announced

Full year 2023 earnings released: EPS: €0.40 (vs €0.69 loss in FY 2022)

Vivendi SE Proposes Ordinary Cash Dividend for the Fiscal Year 2023, Payable from May 3, 2024

Vivendi SE to Report Fiscal Year 2023 Results on Mar 07, 2024

New minor risk - Shareholder dilution

Vivendi Reportedly to Consider Options for Stake in Telecom Italia

Vivendi SE (ENXTPA:VIV) completed the acquisition of 12.46% stake in Lagardere SA (ENXTPA:MMB) for €450 million.

Vivendi SE (ENXTPA:VIV) completed the acquisition of remaining 55% stake in Lagardere SA (ENXTPA:MMB).

Vivendi Appoints Damien Marchi as Executive Vice-President, Corporate Social Responsibility

Groupe Figaro SAS signed an agreement to acquire Gala from Vivendi SE (ENXTPA:VIV).

New minor risk - Shareholder dilution

First half 2023 earnings released: EPS: €0.17 (vs €0.47 in 1H 2022)

Vivendi in Talks to Sell Gala Magazine to Groupe Figaro

Vivendi SE to Report First Half, 2023 Results on Jul 27, 2023

Upcoming dividend of €0.25 per share at 2.5% yield

Full year 2022 earnings released: €0.98 loss per share (vs €0.67 loss in FY 2021)

Vivendi: Gameloft Appoints Alexandre De Rochefort as Chief Executive Officer

Vivendi Se Announces Executive Changes

Vivendi SE (ENXTPA:VIV) completed the acquisition of Lagardere SA (ENXTPA:MMB).

Vivendi Appoints Charlotte Levy-Frébault as Director of Internal Communications

Vivendi Group Announces Executive Changes

First half 2022 earnings released: EPS: €0.47 (vs €0.033 in 1H 2021)

Vivendi SE Approves the Distribution of an Ordinary Dividend for Fiscal Year 2021, Payable as from April 28, 2022

Upcoming dividend of €0.25 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Vivendi SE, Annual General Meeting, Apr 25, 2022

Vivendi SE (ENXTPA:VIV) acquired 8.5% stake in Progressif Media from Zewatchers Sa.

Telecom Italia Hires Goldman Sachs and LionTree to Advise on the Takeover Approach by KKR

Vivendi SE (ENXTPA:VIV) commences an Equity Buyback Plan for 592,997,810 shares, representing 10% for €3,261.49 million, under the authorization approved on June 22, 2021.

Investor sentiment deteriorated over the past week

Pershing Square Holdings, Ltd. (ENXTAM:PSH), a fund managed by Pershing Square Capital Management, L.P. completed the acquisition of an additional 2.9% stake in Universal Music Group B.V. from Vivendi SE (ENXTPA:VIV)..

Pershing Square Holdings, Ltd. (ENXTAM:PSH) and Pershing Square International, Ltd., fund managed by Pershing Square Capital Management, L.P. acquired 7.1% stake Universal Music Group, Inc. from Vivendi SE (ENXTPA:VIV) for $2.8 billion.

First half 2021 earnings released: EPS €0.45 (vs €0.66 in 1H 2020)

Upcoming dividend of €0.60 per share

Artisan Partners Opposes Universal Music Group spin-off

Vivendi in Talks to Offload A Stake of Universal Music to Pershing Square

Vivendi SE (ENXTPA:VIV) completed the acquisition of PRISMA MEDIA, SNC from Gruner + Jahr GmbH.

Vivendi, Fininvest and Mediaset Put an End to Their Disputes

Vivendi SE (ENXTPA:VIV) agreed to acquire PRISMA MEDIA, SNC from Gruner + Jahr GmbH.

RTL Confirms Talks on Selling Stake in Groupe M6

Full year 2020 earnings released: EPS €1.26 (vs €1.28 in FY 2019)

Revenue beats expectations

Vivendi 'Scrutinizes' Potential Sale of Bertelsmann's Stake in M6

Vivendi SA to Report First Half, 2021 Results on Jul 28, 2021

Investor sentiment improved over the past week

New 90-day high: €31.50

Consortium led by Tencent Holdings Limited (SEHK:700), Tencent Music Entertainment Group (NYSE:TME) and certain global financial investors completed the acquisition of an additional 10% stake in Universal Music Group, Inc. from Vivendi SA (ENXTPA:VIV).

New 90-day high: €26.61

Consortium led by Tencent Holdings Limited (SEHK:700), Tencent Music Entertainment Group (NYSE:TME) and certain global financial investors agreed to acquire an additional 10% stake in Universal Music Group, Inc. from Vivendi SA (ENXTPA:VIV) for on an enterprise value of €30 billion.

Vivendi Enters into Exclusive Negotiations to Acquire Prisma Media

Italian Govt Reportedly Seeks Court Delay of Decision on Vivendi's Mediaset Stake

New 90-day high: €25.90

Bertelsmann Reportedly Front-Runner for Simon & Schuster Acquisition

New 90-day high: €25.59

Vivendi Announces Management Appointments

Tencent Holdings Reportedly Plans to Lift Stake in Universal Music Group

New 90-day high: €24.62

Vivendi SA Appoints Cyrille Bolloré as Member of the Supervisory Board

Vivendi SA (ENXTPA:VIV) acquired an additional unknown minority stake in Lagardère SCA (ENXTPA:MMB).

Lagardere Reportedly Looking to Sell Live Entertainment Assets

New 90-day high - €24.31

New 90-day high - €24.17

Vivendi SA (ENXTPA:VIV) acquired 10.6% stake in Lagardère SCA (ENXTPA:MMB).

New 90-day high - €23.94

CEO Compensation Analysis