Dr. Markus Frerker to Exit LEONINE Studios

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Dr. Markus Frerker is not renewing his contract at LEONINE Studios and will resign from his role as chief operating officer of LEONINE Holding effective April 1.

Frerker is departing the company upon his own wishes and on best and amicable terms to pursue new challenges, the company said.

Fred Kogel, CEO of LEONINE Studios, said: “Shortly after KKR and I decided to build LEONINE Studios together in 2018, Markus was by my side. His deep industry expertise and excellent network, his strong analytical skills and his high level of implementation capability have been instrumental in transforming LEONINE from concept to reality. He has worked tirelessly over the past five years to ensure our development into Germany’s market-leading media company in production, distribution and licensing. I respect his personal decision to move on to a new chapter in his life and thank him for all he has made possible and accomplished together with the LEONINE team.”

Frerker commented: “I have had tremendous fun working with Fred and the entire team at LEONINE to build a national champion in the media industry. It has been an incredible journey and a challenging task that we very successfully accomplished. Now is a good time for me to move on to new challenges. I look back with a great deal of pride on what we have achieved and wish my colleagues on the management board and the whole LEONINE team continued success on their path of further growth.”