Longstanding Lagardère executive Takis Candilis has left the media giant, according to numerous reports out of France.
Last year the French conglomerate rebranded its content division Lagardère Studios as part of a renewed effort to expand internationally.
It has bought the Spain-based prodco Boomerang and upped its distribution efforts as part of that initiative.
Candilis ran that unit, reporting to Denis Olivennes, president and CEO of Lagardère Active.
The French news reports suggested Candilis’ departure was motivated by “profound differences” between himself and Olivennes.
Finance and strategy chief Christophe Thoral is reportedly filling Candilis’ shoes, although it is not clear whether that will happen on a permanent basis.
Candilis has been at Lagardère since 2010 and was at TF1 prior to that.
Lagardère has not yet responded to a request for comment.
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20 June 2018 @ 12:15:00 UTC