Marco Giordani, previously Chief Financial Officer (CFO) of MFE-MEDIAFOREUROPE N.V. (“MFE”), will take over as Chief Executive Officer (CEO) of ProSiebenSat.1 Media SE (“ProSiebenSat.1”) with immediate effect. Bert Habets is stepping down as CEO by mutual agreement and will advise ProSiebenSat.1 until the end of the year, in particular to ensure a seamless transition.
Bob Rajan will join ProSiebenSat.1 as the new Chief Financial Officer (CFO) with immediate effect, succeeding Martin Mildner, who is leaving the company by mutual agreement. Bob Rajan will assume the position on an interim basis, primarily to drive the reorganization process and increase the company's profitability.
In addition, Markus Breitenecker, previously Chief Operating Officer of ProSiebenSat.1, has decided to step down from his position with immediate effect and by mutual agreement; his position will not be filled at the executive board level.
Maria Kyriacou, Chairwoman of the Supervisory Board of ProSiebenSat.1 Media SE: “We warmly welcome Marco Giordani as CEO of ProSiebenSat.1. His appointment reflects the ambition to further accelerate the strategic transformation with a clear focus on excellence and a leading market position in entertainment. Marco brings deep operational expertise, strong financial acumen, a proven track record in leading complex organizations and will fully focus on ProSiebenSat.1 going forward. We also welcome Bob Rajan as new CFO. His experience in transformation and restructuring will be instrumental in enabling ProSiebenSat.1 to fully focus on growth in the future.”