\n<\/p>\n
\n\t\u00a0Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed
new CEO of Germany\u2019s ProSiebenSat.1, succeeding Bert Habets in a management shakeup at the German broadcasting giant.<\/p>\n
\n\tHabets, who is a former RTL Group CEO, had been named boss of ProSiebenSat.1 in 2022. He has now stepped down after MFE in September closed a takeover bid for ProSieben, securing a 75.1% stake in the Munich-based company in a deal worth \u20ac 1.8 billion ($2.11 billion).<\/p>\n
\n\t\u201cBert Habets is handing over his role as CEO to Marco Giordani in best mutual consent and will take on the role of senior advisor to ProSiebenSat.1 with a particular focus on a seamless transition period until the end of the year,\u201d a ProSiebenSat.1 statement said.<\/p>\n
\n\tBob Rajan, a managing director at equity investment firm Alvarez & Marsal, is being appointed interim chief financial officer with Markus Breitenecker, a 30-year veteran of the company, stepping down as chief operating officer.<\/p>\n
\n\tAccording to research firm Enders Analysis, the Prosieben takeover is turning MFE into Europe\u2019s biggest free-to-air broadcasting operator, with revenues of 6.8 billion euros ($7.92 billion). As well as its German business, ProSiebenSat.1 also operates in Austria and Switzerland, while MFE runs TV operations in Italy and Spain. <\/p>\n
\n\tThe management changes \u201cunderscore commitment to accelerate the strategic transformation of ProSiebenSat.1,\u201d according to the statement. MFE is now implementing its plan to integrate the German media company into its existing business.<\/p>\n
\n\t\u201cWe warmly welcome Marco Giordani as CEO of ProSiebenSat.1,\u201d said Maria Kyriacou, chairwoman of ProSiebenSat.1\u2019s supervisory board, in a statement. \u201cHis appointment reflects the ambition to further accelerate the strategic transformation with a clear focus on excellence and a leading market position in entertainment,\u201d she added. <\/p>\n
\n\t\u201cI would like to express our sincere gratitude to Bert Habets for his leadership and strong commitment during a decisive transformative period for ProSiebenSat.1. He has been the driving force behind our strategic shift towards entertainment,\u201d Kyriacou went on to point out.<\/p>\n
\n\tGiordani\u00a0has served as CFO of MFE since 2000, where he was played a key role in driving the Berlusconi family group\u2019s expansion strategy. Prior to his role as MFE CFO Giordani held senior leadership roles at Berlusconi\u2019s Mediaset. He will continue to serve as MFE CFO. <\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed new CEO of Germany\u2019s ProSiebenSat.1, succeeding Bert Habets in a management shakeup at the German broadcasting giant. Habets, who is a former RTL Group CEO, had been named boss of ProSiebenSat.1 in 2022. He has now stepped down after MFE in September closed a takeover<\/p>\n","protected":false},"author":1,"featured_media":29537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[17438,1120,17439,17437,2311,2020],"class_list":{"0":"post-29536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-bert","9":"tag-boss","10":"tag-habets","11":"tag-prosiebensat-1","12":"tag-shakeup","13":"tag-steps"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/29536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29536"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/29536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/29537"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}