Veit Dengler leaves the NZZ Media Group
The Board of Directors and the CEO of the NZZ Media Group have decided to place the company’s leadership in new hands. CFO Jörg Schnyder will serve as interim chairman of the executive board. The company is implementing the strategy it adopted in 2013 according to plan.
In 2013, the Board of Directors worked with Veit Dengler and the Executive Board to develop a new strategic direction. While the board of directors and CEO agree that the strategic focus on journalism remains correct, they disagree on how the strategy should be implemented in the next phase, according to a statement. Against this background, they have come to the conclusion that another person should take over this task.
"Veit Dengler has successfully aligned the company with the digital world, modernized processes and the management structure, and brought the right talent on board - the management team and all divisions are in a strong position. At the same time, he has streamlined the printing activities and placed the regional media under unified management. These measures have had an increasingly positive impact on the company's key figures. The task now is to implement and further develop the innovation projects that have been initiated," explains Etienne Jornod, Chairman of the Board of Directors of the NZZ Media Group.
The Board of Directors has initiated the search for the appropriate person for the next phase of strategy implementation. On an interim basis, CFO Jörg Schnyder will lead the management of the company.
