Vivendi Universal gets new CEO, promises quick turn around

Posted Monday, July 8, 2002 4:57 AM | Contributed by supermandl

Vivendi Universal's new CEO Jean-Rene Fourtou says he will quickly fix the "short-term crisis" related to its massive acquisition of US media properties in the last two years. Fourtou replaces Jean-Marie Messier, who resigned under pressure from the board and investors last week.

Read more from USA Today.

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