New Organizational Structure at the NZZ
The NZZ Group is not only implementing a cost-cutting program but also adopting a new corporate structure. The previous structure, which included group and business unit management teams, will be replaced by a unified NZZ management team.
The NZZ Group is not only adopting a cost-cutting program, but also a new corporate structure. The previous structure with group and management boards will be replaced by a joint NZZ management board. According to SDA, this will be headed by Albert P. Stäheli, who has been CEO of the NZZ Group since October 1, 2008. Also represented on the management board are Markus Spillmann, Head of Journalism, and Daniel Hofer, Head of Publishing.
As part of this reorganization, the operational heads of the media houses in St. Gallen (St. Galler Tagblatt) and Lucerne (Neue Luzerner Zeitung) will also join the new management board from spring 2009. NZZ holds a majority stake in both newspapers.
According to the article in the NZZ, further personnel appointments are to be made in the coming weeks. In particular, the areas of corporate development, finance and central services are to be filled. The current Chairman of Group Management, Alfred Hümmerich, is leaving NZZ at his own request at the end of February 2009.
As part of this reorganization, the operational heads of the media houses in St. Gallen (St. Galler Tagblatt) and Lucerne (Neue Luzerner Zeitung) will also join the new management board from spring 2009. NZZ holds a majority stake in both newspapers.
According to the article in the NZZ, further personnel appointments are to be made in the coming weeks. In particular, the areas of corporate development, finance and central services are to be filled. The current Chairman of Group Management, Alfred Hümmerich, is leaving NZZ at his own request at the end of February 2009.
