Nonce Paolini Departs TF1

PARIS: Nonce Paolini is exiting his post as chairman and CEO of TF1.

Paolini has been CEO of TF1 since May 22, 2007. He became chairman and CEO of TF1 on July 31, 2008.

Just yesterday, TF1 unveiled disappointing financial results that showed revenue down 3.9 percent for Q4 2015. For the full year 2015, TF1 reported revenues of 2 billion euros ($2.23 billion), down by 87.5 million euros ($97.3 million).