Thomas Ebeling, CEO of ProSiebenSat.1, will leave the German media company after the annual press conference for the fiscal year 2017 scheduled for February 22, 2018.
This was mutually agreed today by Ebeling and the company’s supervisory board, according to a statement.
Ebeling had a contract of employment with a term running until mid-2019. However, in connection with the latest renewal of his contract of employment, he informed ProSiebenSat.1 that he would not be available for a further subsequent renewal. For this reason, the supervisory board initiated the search for a successor some time ago and wants to appoint a successor in due course.
Conrad Albert, member of ProSiebenSat.1’s executive board with current responsibility for external affairs & industry relations and General Counsel of the company, has been appointed as deputy chairman of the executive board with immediate effect. The purpose of this appointment is to ensure continuity in the company and to guarantee the further implementation of the strategy if the successor should not be able to take up his office promptly after the annual press conference, according to ProSiebenSat.1.
“Thomas Ebeling has been chairman of the executive board since the beginning of 2009 and has proven during this time to be one of the outstanding entrepreneurs of the media industry. On behalf of the entire supervisory board, I would like to thank Thomas Ebeling for his outstanding accomplishments, which have lastly led the company entering the DAX,” said Dr Werner Brandt, chairman of the supervisory board of ProSiebenSat.1. “Our search for a successor focuses on a personality that continues the outstanding work of Thomas Ebeling and continues to drive diversification and digital transformation with equally entrepreneurial vision and assertiveness.”
“I am convinced that ProSiebenSat.1 will add further positive chapters to its success story with the measures taken,” added Ebeling. “With its strong TV business, access to data and technology and the dynamically growing commerce business, ProSiebenSat.1 has all the prerequisites to proceed in a successful manner going forward. Already today, I wish the company, the management team and its passionate and dedicated employees all the best and continued success in this way.”
