The NZZ Group is looking for the CEO
Alfred Hümmerich, the previous Chairman of the Group Executive Board and CFO, is leaving the NZZ Group. The media company is bidding farewell to the collective management model and intends to introduce the post of CEO. It is not yet known who will hold the position.
The NZZ Group is giving itself a new structure and intends to introduce the post of CEO. It is not yet known who will hold the position. However, the current Chairman of the Group Executive Board and CFO Alfred Hümmerich will be leaving the company. He supports the new management structure decided by the Board of Directors, but is taking the change of course as an opportunity to return to independent consultancy work, the publishing house announced. During the transition period, he will be available to coordinate the implementation of the new management structure. In the communiqué, the Board of Directors points out the "milestones achieved in the management structure and in improving the earnings situation" and thanks Hümmerich for his work. Hümmerich became Chairman of the Executive Board last year following the resignation of Hugo Bütler (see
). According to the press release, the decision to introduce the position of CEO is the result of a review of the strategy and management structure. The CEO should contribute to a clearer division of tasks and reduce the workload within the company management. The media company wants to have a contact person for Group matters and a defined person responsible for implementing the Group strategy. The Board of Directors will continue to attach great importance to journalism and this will also be maintained within the new structure. The new management personality will be sought in a multi-stage evaluation process.
). According to the press release, the decision to introduce the position of CEO is the result of a review of the strategy and management structure. The CEO should contribute to a clearer division of tasks and reduce the workload within the company management. The media company wants to have a contact person for Group matters and a defined person responsible for implementing the Group strategy. The Board of Directors will continue to attach great importance to journalism and this will also be maintained within the new structure. The new management personality will be sought in a multi-stage evaluation process.
