FPH now holds 80 percent of LZ Medien Holding

The NZZ Group has increased its stake in LZ Medien Holding AG from 64 to 80 percent via its subsidiary Freie Presse Holding (FPH). CEO Albert P. Stäheli and CFO Jörg Schnyder are joining the Board of Directors.

The NZZ Group has increased its stake in LZ Medien Holding AG from 64 to 80 percent via its subsidiary Freie Presse Holding (FPH). This is part of the strategic realignment to become an integrated Swiss media company, as the company writes in a press release on Monday. CEO Albert P. Stäheli and CFO Jörg Schnyder were newly elected to the Board of Directors by the Annual General Meeting. Erwin Bachmann has taken over the chairmanship as successor to the retiring Hans Kaufmann.

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