Overview

• Lagardère was initially banned from executive roles in April due to embezzlement charges.
• The court ruling allows him to resume his positions as CEO and Chairman of the Lagardère Group.
• The media group is controlled by Vivendi, which completed its acquisition in November 2023.
• Lagardère expressed gratitude to interim CEO Jean-Christophe Thiery and key shareholders.
• The reinstatement comes as Nine Network announces significant staff cuts in response to economic challenges.