Boris Podolsky has been appointed the CEO of Russia’s CTC Media, with immediate effect.
Podolsky joined the company as CFO in 2007 and also served as acting CEO since December 2011.
CTC Media, which is backed by Modern Times Group (MTG), is now searching fore a new CFO to replace Podolsky, who in the meantime will continue to serve as acting CFO.
CTC Media operates the FTA channels CTC, Domashny and Peretz in Russia, as well as Channel 31 in Kazakhstan and a TV company in Moldova.
Together, they have a potential audience of over 150 million people.