Ubisoft Appoints Co-CEOs for New Tencent Spinoff Amid Leadership Changes

Ubisoft has appointed Christophe Derennes and Charlie Guillemot as co-CEOs of a new subsidiary aimed at accelerating the growth of key franchises like Assassin's Creed, Rainbow Six, and Far Cry, with the goal of creating long-lasting, culturally relevant brands. The spinoff, funded by a $1.25 billion investment from Tencent, will operate with greater autonomy to foster innovation and agility, with a focus on expanding these franchises' reach and relevance. Both leaders bring complementary expertise—Derennes with extensive production experience and Guillemot with a strategic, entrepreneurial background—aiming to empower teams and deliver new player experiences.