CME has appointed David Sach as its new CFO.
He succeeds Charles Frank, who has been in the post on an interim basis since July last year.
Sach, who takes over the position on March 1, was the CFO at Clearwire Corporation, a NASDAQ-listed ISP, prior to joining CME.
He was also the CFO at Millicom International Cellular and has held several senior finance roles at France Telecom, EMI Group and Thomson Professional Publishing.
CME is a leading operator of commercial TV stations in the CEE region.