Media City: New ownership structure - new CEO
The magazine publisher MediaCity AG, a joint venture between Agefi Lausanne and Business Verlags AG, Zurich, has a new CEO: Igor Sokolov is taking over operational responsibilities from Eric Valette.
As part of this personnel change, Valette is also transferring its 25 percent shareholding in MediaCity to Business Verlags AG. This means that both partners will each hold half of the shares in the joint venture.
Igor Sokolov, former advertising manager for French-speaking Switzerland at Tamedia's women's magazine Annabelle, will take up his new position on February 1, 2012. He will report directly to the CEO of Business Verlags AG, Rehné Herzig. MediaCity-Verlag publishes the magazines Profil Femme and Agefi Life, among others. In addition to the search for a new editor-in-chief for Profil Femme, the new CEO will also be responsible for further developing the existing activities in the area of corporate publishing.
