Bollore Wins Seats On Havas Board

  • June 10, 2005
In an apparent rebuke of Chairman-CEO Alain de Pouzilhac, Havas' board voted to give board seats to investor Vincent Bollore and three of his appointees. Pouzilhac had opposed the move, ostensibly because Bollore, who controls more than 20 percent of Havas' stock, has a history of corporate takeovers. Bollore has maintained that he has no interest in taking over Havas, but wants to be a more active shareholder. -- J.M.
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