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New CFO Takes Over Ubisoft in 2019

2019 is a big year for Ubisoft and the company is preparing for it already. According to a new announcement by the makers of Tom Clancy games, a new CFO will take over the company in 2019.

chief financial officer Alain Martinez is retiring from his position at the company. Frédérick Duguet will be taking over the role in 2019.  Duguet has been with Ubisoft as the CFO for close to 10 years. He took up the responsibility back in 2009 and since then have done a remarkable job, playing a key role in stopping the Vivendi take over in its tracks.

Vivendi has since backed off from taking over Ubisoft which the developer complete freedom and control over its intellectual properties such as The Division, Ghost Recon, Skull and Bones, Splinter Cell, Assassin’s Creed, Prince of Persia, and many more.

The appointment of Frédérick as Ubisoft’s Chief Financial Officer is excellent news for the Group. His expertise, intimate knowledge of the company and deep understanding of the value creation drivers in the video game industry are all assets that will greatly aid Ubisoft in its new development phase.

Next year, the company is releasing some notable games such as The Division 2, Skull and Bones. There are rumors of a new Splinter Cell in development. Ubisoft, similar to other publishers, is moving to the games as services model.

The Division 2 and Skull and Bones both are games as service products from Ubisoft. Surely, there are more unannounced games as services titles are in development at Ubisoft.

The Division 2 is releasing in March 2019 while Skull and Bones is yet to get a release date.