Yves Guillemot waives his annual bonuses following the poor results of Ubisoft

Ubisoft is not the best. French society is indeed going through a difficult period, between sales of games below expectations and the turmoil still produced by cases of harassment within the company. A situation which today leads Yves Guillemot, CEO of Ubisoft, to give up around a third of his remuneration.

The historic leader of Ubisoft will not receive his annual bonuses. The decision was taken by Yves Guillemot himself and announced as part of the company’s results published in mid-June.

Identified by Axios, this uncollected remuneration corresponds to the company’s performance bonuses. These being in sharp decline this year, with in particular a fall of 14% of the operating result, the CEO refused to collect the some €310,607 which was planned. That is the equivalent of one third of his annual remuneration.

Yves-Guillemot-ubisoft

At the microphone of Axios, a representative of the group assures that he “it is a personal decision of Yves Guillemot”. This one was “taken considering that the company had not achieved the financial objectives that it had publicly communicated to the markets” and that it was therefore not logical that this bonus should be paid.

outside ofAssassin’s Creed Valhalla, Ubisoft is struggling to conquer the markets. Sales of its latest productions have not lived up to expectations and the harassment scandals of 2020 continue to have a negative effect on the company’s results. The public expects not only announcements concerning the calendar of the next releases but also concrete results attesting to the improvement of the working conditions of the employees.

In the fall of 2022, Ubisoft should host a Ubisoft Connect. This will allow you to know the next games to come for the publisher, and in particular the future of its flagship licenses. Assassin’s Creed, The Division or Splinter Cell could make an appearance there.

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