New management of Ringier Group finances

 Samuel Hügli will be the new Head of Ringier Group Finance from July. He will take over from Ulrich Flörchinger, who will leave the Ringier Group Executive Board on July 1. Flörchinger will continue to work for Ringier, as the media group has announced. The 36-year-old Hügli is a trained typesetter and previously worked as an IT project manager at Ringier. Among other things, he built up the SMI School for Media Integration and holds a degree in Corporate Finance from the London Business School. Hügli has been Head of Technology and IT at Ringier since January 2002. As a new member of the Ringier Group Executive Board, Hügli will retain responsibility for IT and merge the two departments to form the new Finance and IT division.
The 54-year-old Flörchinger has been in charge of Ringier Group finances since June 2003. In future, he will take over responsibility for finances in Asia, work on the Finance Committee and hold various board of trustee mandates for the Ringier Group.