Jean-Marie Messier
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Jean-Marie Messier (born 13 December 1956) is a French businessman who was chairman and chief executive of the multinational media conglomerate
Vivendi Vivendi SE (stylized in all lowercase) is a French investment company headquartered in Paris. It currently wholly-owns Gameloft as well as a number of investments in several companies, primarily involved in content, entertainment, media, and t ...
(formerly
Vivendi Universal Vivendi SE (stylized in all lowercase) is a French investment company headquartered in Paris. It currently wholly-owns Gameloft as well as a number of investments in several companies, primarily involved in content, entertainment, media, and t ...
) until 2002. He is also frequently referred to by nicknames such as "J2M" and "J6M", but most notably as “ The Man who Tried to Buy the World” which was coined by Jo Johnson in his biography of Messier reflecting on corporate greed and monopolizing the industry.


Early life and education

Jean-Marie Messier was born in
Grenoble Grenoble ( ; ; or ; or ) is the Prefectures in France, prefecture and List of communes in France with over 20,000 inhabitants, largest city of the Isère Departments of France, department in the Auvergne-Rhône-Alpes Regions of France, region ...
, France, the son of an accountant. He studied at the
École Polytechnique (, ; also known as Polytechnique or l'X ) is a ''grande école'' located in Palaiseau, France. It specializes in science and engineering and is a founding member of the Polytechnic Institute of Paris. The school was founded in 1794 by mat ...
from 1976 to 1980, and then at the
École nationale d'administration The (; ENA; ) was a French ''grande école'', created in 1945 by the then Provisional Government of the French Republic, provisional chief of government Charles de Gaulle and principal co-author of the Constitution of France, 1958 Constitution M ...
between 1980 and 1982. He was refused sponsorship by
Total Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are comp ...
to study at
Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...
.


Business career

Messier held several posts at the French Economy Ministry, including a post as technical counselor for privatization under
Édouard Balladur Édouard Balladur (; born 2 May 1929) is a French politician who served as Prime Minister of France under François Mitterrand from 29 March 1993 to 17 May 1995. He unsuccessfully ran for president in the 1995 French presidential election, co ...
, during the 1980s, before moving to
investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
Lazard Frères Lazard Inc. (formerly known as Lazard Ltd and Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is ...
in 1989. He established the boutique bank Messier Partners. After taking up the chairmanship of the utility company
Compagnie Générale des Eaux Vivendi SE (stylized in all lowercase) is a French investment company headquartered in Paris. It currently wholly-owns Gameloft as well as a number of investments in several companies, primarily involved in content, entertainment, media, and t ...
in 1994, he oversaw its diversification into the media sector and its 2000 merger with
Groupe Canal+ Canal+ S.A., formerly Groupe Canal+, is a French Media conglomerate, media and telecommunications Conglomerate (company), conglomerate based in Paris. It runs its own Canal+ (streaming service), eponymous Over-the-top media service, over-the-to ...
and
Seagram The Seagram Company Ltd. (which trade name, traded as Seagram's) was a Canadian multinational beverage and during the last few years of its existence, entertainment Conglomerate (company), conglomerate formerly headquartered in Montreal, Quebec. ...
(owners of
Universal Studios Universal Studios may refer to: * Universal Studios, Inc., an American media and entertainment conglomerate ** Universal Pictures, an American film studio ** Universal Studios Lot, a film and television studio complex * Various theme parks operat ...
) to form Vivendi Universal.


Forced resignation

Messier was forced to resign from his position with Vivendi in July 2002, after the company posted a non-cash loss of 13.6 billion euro ($US 11.8 billion) during 2001. During his time as CEO of Vivendi, Messier used corporate funds to buy a $17.5 million apartment for his personal use at 515 Park Avenue at 60th Street in
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
, the swank Arthur Zeckendorf development that was home to Senator
Jon Corzine Jon Stevens Corzine ( ; born January 1, 1947) is an American financial executive and retired politician who served as a United States Senator from New Jersey from 2001 to 2006, and the 54th governor of New Jersey from 2006 to 2010. Corzine ran f ...
for a time. After he was fired, Messier tried to claim the apartment as part of his
severance package A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwilfully. In addition to their remaining regular pay, it may include some of the following: * Any additional payment based ...
, but was rebuffed. However, he did receive 23.4 million dollars in severance from his former employer, Vivendi. Messier then relocated to
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
to work as a business consultant.


Prosecution and conviction

Messier was put on trial in France in 2011 and was found guilty of misappropriation of company funds and divulging misleading information when he headed Vivendi. He appealed the decision, and in 2014 the court overturned Messier's conviction on charges of misleading investors but upheld the conviction on charges of misuse of corporate funds.


Personal life

Messier married Antoinette Fleisch in 1982, with whom he has five children; they separated in 2005. In 2012, he remarried Christel Delaval. Messier published an autobiography titled ''j6m.com'' in 2020, and another two years later called ''My True Diary'', which is about his time at Vivendi.


Footnotes


References


External links

* {{DEFAULTSORT:Messier, Jean-Marie 1956 births 20th-century French businesspeople 21st-century French businesspeople Businesspeople from Grenoble Chief executives in the mass media industry École Polytechnique alumni École nationale d'administration alumni French chairpersons of corporations French chief executives French expatriates in the United States French media executives Living people Vivendi