Tobias Schulz-Isenbeck leaves Ringier

Due to the reorganization at the top of the Ringier Group, Tobias Schulz-Isenbeck is stepping down from his position as CFO/Head of the Ringier Corporate Center.

On September 1, 2011, 44-year-old Tobias Schulz-Isenbeck joined Ringier from Verlagsgruppe Handelsblatt, where he was Spokesman of the Executive Board and Chief Financial Officer. Ringier CEO Marc Walder: "I would like to thank Tobias Schulz-Isenbeck for his commitment to Ringier. And would be delighted if he were to continue to be available to the company in an advisory capacity."

Annabella Bassler, 35, will take over from Schulz-Isenbeck on an interim basis with immediate effect. Bassler is Head of Corporate Finance & Controlling at Ringier.

The departure is part of the reorganization that Walder is carrying out in the Group Executive Board, Ringier spokesman Edi Estermann told the news agency SDA in response to an inquiry. He said it was not related to the 2011 annual results, which saw the media company's profits plummet last year. No further departures are currently planned or announced, Estermann added. Schulz-Isenbeck's successor has not yet been named.

(Image: Ringier.com)

 

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