From Joystiq:

But hey, we know you’re worried about Yannis Mallat, CEO of both Ubisoft Montreal and Ubisoft Toronto, who told us last month that he would be "handling both" studios. Well, don’t fret – Ubisoft’s press release says that while "Raymond will oversee day-to-day operations of the Toronto studio’s work on video game project," she will do so "under the governance of Yannis Mallat." Ubisoft Toronto is scheduled to open its doors by the end of the year and begin "work on AAA games and new intellectual properties," according to Raymond.

Update: More details at Gamasutra.

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Tags: Jade Raymond, montreal, toronto, ubisoft

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