Central European Media Enterprises (CME) has appointed David Sturgeon as its CFO.
Sturgeon has been acting CFO since October 2013 and was deputy CFO from July 2009.
He sits on the board of directors of CME’s main operating subsidiaries and prior to 2013 also served as its financial officer of the company’s broadcasting and new media divisions.
Sturgeon joined the company as group financial controller in 2005, prior to which he was with Equant N.V. and Arthur Andersen’s Technology, Media and Communications practice.
In a joint statement Michael Del Nin and Christoph Mainusch, co-CEOs of CME, said: “We are pleased to finalise this key appointment in the management team. The depth of Dave’s knowledge of the company and its operations has been instrumental to our progress in improving the efficiency of our businesses. We will leverage his extensive experience in the media industry as we focus on our core broadcast assets and continue strengthening our leading brands in each country in which we operate.”
Sturgeon added: “I’m excited to continue working in this new role as CME forges ahead with the execution of its operating priorities.”
