ProSiebenSat.1 Restructures Management Team

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Wolfgang Link and Michaela Tod have been tapped as co-CEOs of the entertainment business at ProSiebenSat.1 as part of a management restructure under CEO Max Conze.

Beginning April 1, the new executive committee at ProSiebenSat.1 will consist of the CEO, CFO and deputy CEO group general counsel. Each of the company’s strategic pillars—entertainment, Red Arrow Studios and NuCom Group—will be led by two CEOs, reporting to Conze.

Link is currently chief content and channel officer for entertainment. As co-CEO, entertainment, he will be responsible for the linear and the digital content as well as all platforms. Tod joins as co-CEO April 1 from more than a decade at Dyson. Her remit includes sales, AdTech, SevenVentures and marketing. The content production and global sales pillar will continue to be led by James Baker (overseeing Red Arrow Studios) and Reza Izad (Studio71). Claas van Delden and Dr. Florian Tappeiner are co-CEOs of NuCom Group. With the restructure, Sabine Eckhardt and Dr. Jan Kemper are leaving the group. Eckhardt’s role is being taken over by Link. Rainer Beaujean takes over as CFO from Kemper.

“We are making good progress on our transformational journey to build a consumer-centric, digital-first entertainment to commerce powerhouse,” Conze said. “Having clear companies and CEOs leading the business with a sharper and efficient holding structure will help us accelerate further. Congratulations to Wolfgang Link and Michaela Tod in their appointment as CEOs, Entertainment. Together they combine extensive content and German entertainment experience with global digital and transformation skill sets. Conrad and I look forward to working closely with Rainer as we chart the future of the Group. He brings deep CFO experience and is no stranger to transformation. Sabine has been an integral part of ProSiebenSat.1 for 15 years and is a great leader of the industry and inspiring leader for our employees. Can’t wait to see what mission she champions next. Jan has been a trusted partner during my first eight months. He has been instrumental in the set-up of the NuCom Group and a great leader for his teams. I wish them both the very best in their next career moves.”

Dr. Werner Brandt, chairman of the board, noted, “The implementation of a holding structure is the logical continuation of the three-pillar strategy. More independence and autonomy in operational business will help ProSiebenSat.1 to transform its business model faster and with more agility. We would like to express our deep gratitude to Sabine Eckhardt and Jan Kemper. With her professionalism and leadership strengths, Sabine Eckhardt has decisively shaped the sales and marketing of the entire group in an extraordinary performance over the past 15 years. Sabine’s innovative strength and her sense for trends make her one of the most prominent minds in the media industry. Jan Kemper has been responsible for establishing a highly effective and efficient Finance function which is now well equipped for the future. With his deep experience of e-commerce and digital growth companies, he played a major role in the transformation of the Group. He oversaw numerous important M&A deals, and has firmly enabled NuCom’s growth trajectory. We wish both the very best for their future. At the same time, I am delighted to welcome Michaela and Rainer at ProSiebenSat.1. They bring exceptional track record, deep experience and are focused on profitable growth.”