ProSiebenSat.1 Chief to Step Down

MUNICH, June 18: Guillaume de Posch, the CEO of the ProSiebenSat.1 Group, will step
down from his post “at his own request” at the end of this year.

De Posch has been at the
helm of the German-based company for the past four years, during which time he
led the merger with SBS Broadcasting, creating a European pan-regional
broadcasting entity to rival the RTL Group. “Over the last five years we were
able to put ProSiebenSat.1 on a solid base,” de Posch said in announcing his
resignation. “It was important to ensure its development as a major
pan-European broadcaster, led from Munich. Following the successful acquisition
of SBS, we have made good progress in integrating SBS and ProSiebenSat.1. Now
is the right time for me to move on.”

Götz Mäuser, the chairman
of the supervisory board, noted: “Guillaume de Posch has provided outstanding
leadership to ProSiebenSat.1 over the last five years, taking the company from
its precarious state following the Kirch Media insolvency to become the largest
wholly-owned broadcaster in Europe reaching 200 million viewers across 13
countries. We have learnt of Guillaume’s decision with regret and wish him well
in the next stage of his career. He leaves the company well placed to implement
the next phase in its strategic plan to be a multiplatform broadcaster
throughout Europe underpinned by strong content creation and a growing range of
online services.”

Andreas Bartl, the
managing director of German free-TV, has joined the company’s executive board,
where he will continue to oversee ProSiebenSat.1’s free-TV stations in Germany.

A successor for de Posch
has not yet been named. Mäuser said that the company’s executive board “will be
conducting a highly focused search process in order to attract a world-class
media manager to take ProSiebenSat.1 to the next phase of its development.”

—By Mansha Daswani