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Börse Express – ProSiebenSat.1 board member Albert throws down

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The staff carousel in the television group
ProSiebenSat.1 goes on: The deputy
CEO Conrad Albert has the leadership quarrels publicly as
“Board soap opera” criticized and now takes his prematurely
Cap.

The television company announced on Friday that Albert was leaving
Companies on April 30 “by mutual agreement”.
CEO Max Conze said nothing. Chairman of the supervisory board Werner
Brandt thanked Albert “for his longstanding and special
Merits “. He shaped the company and with his
Media policy initiatives set standards for the industry.

Albert has been on the board since 2011 and has been deputy chief since 2017.
After the early departure of the CEO Thomas Ebeling in
In February 2018, he had temporarily managed ProSiebenSat.1 until
Conzes took office in June 2018.

In an interview published by the “Süddeutsche Zeitung” (Tuesday)
Albert now surprisingly with: “I already had the
Chairman Werner Brandt last year
informed that I am not in the current constellation for one
Extension is available. “His contract would be until April
Run in 2021. So far, he has always been calm about his duty
fulfilled and the company even in troubled times
held together. “The current situation makes this increasingly
difficult. I have drawn a conclusion from this, “said
he. “Otherwise the impression of a board soap opera remains on
Companies are liable. “

Since mid-2018, three board members and several important members have already been appointed
Managers leave the company. ProSiebenSat.1 has been fighting for a long time
with declining revenues and profits in the core business of advertising television.
CEO Conze tries, with better program, digital
Play channels, a streaming platform and new online shops
To build up pillars.

The investment company Czech Media Invest (CMI) by billionaire Daniel
Kretinsky has now doubled its stake in ProSiebenSat.1 to 10
Percent. A ProSiebenSat.1 spokeswoman said after the
Publication of the exchange announcement: “It is a nice one for us
Proof of our strategy and that CMI it
supported. “/ rol / DP / jha

 ISIN  DE000PSM7770

AXC0205 2020-03-13 / 11: 58

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