Alexander Theobald leaves Ringier Executive Board

Alexander Theobald, head of Ringier's Romania/Hungary division, is leaving the company. He will not be replaced, Ringier announced Monday, according to Sda. In the future, Marius Hagger, managing director of the Group division Romania, and Attila Mihók, managing director Ringier Hungary, will report directly to CEO Christian Unger, he said. The downsized, six-member Group Executive Board thus consists of Christian Unger (CEO), Samuel Hügli (CFO/CIO), Thomas Trüb (Head of Group Division Ringier Pacific/New Media), Peter Mertus (Head of Group Division Ringier Czech Republic/Slovakia), Marc Walder (Head of Group Division Ringier Switzerland) and Marco Castellaneta (CCO/Head of Group Division Corporate Center).