Ubisoft CEO Yves Guillemot's son, cousin will oversee Assassin's Creed, Far Cry, Rainbow Six

Ubisoft has named two members of the Guillemot family to lead its new powerhouse subsidiary, the company today announced.

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Months ago, Ubisoft announced a billion-dollar deal with Tencent, a Chinese multimedia giant. Ubisoft essentially agreed to take its three biggest franchises--Assassin's Creed, Far Cry, and Rainbow Six--and put them under a new sister company specifically designed to handle the franchises. As part of the deal, Tencent will spend $1.2 billion and acquire a minority 25% stake in the new subsidiary, which has been valued in excess of $4 billion.

Now it's been revealed who will lead Ubisoft's subsidiary. The board has elected to keep management within the Guillemot family, with two of Ubisoft CEO Yves Guillemot's relatives being appointed as co-CEOs: Charlie Guillemot (son), and Christophe Derennes (cousin) will navigate the subsidiary. Ubisoft says it hopes this subsidiary will help Assassin's Creed, Rainbow Six, and Far Cry earn $1 billion per year.

"What we really want is of course to make these three big brands become billionaire brands on the Euro, yearly basis, first with Rainbow Six, then Assassin's Creed, and after that, Far Cry--that will first need to get to the multi-billion euro level," Ubisoft CEO Yves Guillemot said in a May earnings call.

Check below for more information on today's announcement:

Ubisoft announces the next step in the roadmap of its new subsidiary - introduced on March 27th - with the appointment of Christophe Derennes and Charlie Guillemot as co-CEOs.

With complementary backgrounds, Christophe Derennes and Charlie Guillemot bring strong industry expertise, deep knowledge of the Ubisoft ecosystem, and a shared culture of innovation.

Christophe Derennes has been with Ubisoft for over 35 years. He brings extensive operational and production leadership, having launched and led the Montreal studio. He also played a key role in shaping the editorial and production strategy across major titles, and most recently served as Managing Director for North America.

Charlie Guillemot has built a hybrid career at the intersection of management and innovation. He brings an entrepreneurial perspective and a sharp understanding of evolving industry dynamics and players' expectations, shaped by his experience in game development. With a strong product mindset, deep tech culture, and a passion for games, he represents a new generation of leadership focused on innovation, quality, and putting players at the centre of decision-making.

Together, they will lead the subsidiary in building evergreen, multi-platform game ecosystems and writing the next chapter of Ubisoft's renowned franchises.

Created to accelerate the growth of three of Ubisoft's most iconic franchises - Assassin's Creed, Rainbow Six, and Far Cry - the company's new subsidiary will focus on building brand ecosystems capable of becoming evergreen, billion-euro franchises. Backed by growing investments and Tencent's expertise as a core strategic partner, it will give development teams greater autonomy and agility to fully unlock the potential of these iconic games, while shaping the next generation of player experiences.

The creation of the new subsidiary is progressing well. Tencent's investment in the new subsidiary, which is subject to regulatory approvals, continue to be expected by the end of 2025.