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Sabine Eckhardt joins ProSiebenSat. Executive Board as Chief Commercial Officer

14/12/2016

Sabine Eckhardt joins ProSiebenSat.1 Executive Board as Chief Commercial Officer

Dr. Christian Wegner to leave the Company as of December 31, 2016

Munich, December 14, 2016. Effective January 1, 2017, Sabine Eckhardt, 44, will be appointed to the Executive Board of ProSiebenSat.1 Media SE as Chief Commercial Officer (CCO). In her current role as Managing Director of SevenOne Media and SevenOne AdFactory, she was mainly responsible for developing the business with innovative, cross-media advertising products as well as the ProSiebenSat.1 marketer's new clients business. In addition, she will now push the exploitation of group-wide synergy potential by connecting ad sales, digital commerce activities, and data management more closely. Within the Digital Ventures & Commerce segment, she will also be assuming responsibility on Board level for the Group's SevenVentures business, which is headed by Sascha van Holt and Florian Pauthner. Thomas Wagner, Chairman of SevenOne Media's management board, will continue to lead the traditional sales business and will additionally take over the role as Group Chief Customer Officer. He will report to Sabine Eckhardt and CEO Thomas Ebeling.

Dr. Christian Wegner and the ProSiebenSat.1 Supervisory Board have agreed not to extend his contract as Executive Board member and to end it as of December 31, 2016. After 12 years within the Group, he will be embarking a new business venture in the digital economy. Following the departure of Christian Wegner, COO Christof Wahl will, in addition to his current duties, assume Board responsibility for the digital verticals Online Price Comparison , Online Dating , and Online Travel in the Digital Ventures & Commerce segment. Thomas Ebeling will be in charge of the Lifestyle Commerce business in that segment. Thus, the Group is highlighting the increasing strategic importance of its digital commerce business. The Group's current internal control and financial reporting structure will remain unchanged.

Dr. Werner Brandt, Supervisory Board Chairman of ProSiebenSat.1 Media SE, said: Sabine Eckhardt has very successfully developed the new clients business and cross-media orientation of ad marketing at ProSiebenSat.1 over the past years. She is an excellent manager, and it is an asset to the Company that she will play an even bigger role in shaping its strategic direction. I wish her the best of luck. I thank Christian Wegner for his extraordinary dedication over the past five years as member of the Executive Board for digital. During that time, Christian Wegner increased revenues of the digital business from less than EUR 200 million to over EUR 1.5 billion. I wish him every success for the future.

Thomas Ebeling, CEO of ProSiebenSat.1 Media SE, said: I am very pleased that Sabine Eckhardt, a long-time colleague, will be joining our Executive Board team. Our Company's executive management needs personalities like her, with strong operational and creative skills. That is the only way we can take advantage of the large variety of opportunities this dynamic market environment is offering us and to fully exploit our Group's synergy potential. With the appointment of Sabine Eckhardt, we will further strengthen our portfolio of innovative sales ideas, our new clients business, and our competitiveness. In addition, she will establish new thematic fields in our Ventures segment. I wish Sabine Eckhardt every success. I want to thank Christian Wegner sincerely for his tremendous commitment over the past years. Due to successful acquisitions and incubator initiatives, he has established a very good set-up for our digital commerce portfolio. I wish him all the best in his personal and professional life.

Sabine Eckhardt has held several management positions at ProSiebenSat.1 since 2004. From 2004 to 2009, she was Managing Director of the Group's licensing and merchandising business. After that, she established SevenOne AdFactory as Managing Director and has been responsible for this business until today. Furthermore, the 44-year-old has been a member of the management board of ProSiebenSat.1 marketer SevenOne Media since 2012. Since February 2016, Eckhardt has been responsible as Chief Commercial Officer for group-wide sales innovations and the exploitation of the Group's synergy potential.

Sabine Eckhardt studied German and Philosophy at LMU in Munich and the University of Pisa. She started her career at Mattel, further stations include Digital Publishing AG and EM.TV. Sabine Eckhardt was born in Bremen in 1972.

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LINK: http://en.prosiebensat1.com/en/press/sabine-eckhardt-joins-prosiebensa...
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