De Posch to leave ProSiebenSat.1 at the end of the year

Guillaume de Posch, CEO of the German TV group ProSiebenSat.1, is stepping down from his post. De Posch is leaving the company at his own request as of December 31, 2008, after four years at the helm, the company announced Tuesday in Munich.

 The CEO of the German TV group ProSiebenSat.1, Guillaume de Posch, is leaving his post. De Posch is leaving the company at his own request on December 31, 2008 after four years at the helm, the company announced in Munich on Tuesday. The former CEO justified his move by stating that he wanted to seek a new challenge following the takeover of the Scandinavian broadcasting chain SBS last year. Andreas Bartl, currently responsible for the German-language television business, will be appointed to the Management Board. However, a new CEO has not yet been found. The Group will now conduct an intensive search for a successor, explained Supervisory Board Chairman Götz Mäuser. CFO Lothar Lanz also left the company a few days ago.

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