PPF Group will propose Christoph Mainusch for election as a member of the Supervisory Board of ProSiebenSat.1 at the German media company’s AGM on 30 April, 2024.
PPF, one of ProSiebenSat.1’s major shareholders, will vote for Mainusch, the Czech investment group said in a statement. With nearly four decades of experience in European broadcasting, including 17 years in the television industry of his native Germany, Mainusch “would bring tremendous expertise and experience, as well as a critical independence of mind, to ProSiebenSat.1 as it seeks to regain its leadership in the German-speaking entertainment market,” according to PPF.
Among other executive roles, Mainusch served as Programme Director at RTLzwei in Munich from 1992 to 1995, as the chief executive of RTL Croatia between 2004 and 2009, as Group CEO and member of the board of Alpha Media Group in Greece from 2009 to 2012, and subsequently as the co-CEO of Central Media European Enterprises (CME) from 2013 through 2020.
CME was acquired by PPF in 2020, after which Mainusch held several advisory and non-executive roles. He currently has no mandates at PPF or CME, or any other media company.
“Christoph has had a long and outstanding career in the European media industry and has a proven track record in overseeing the restructuring of commercial television broadcasters,” said Didier Stoessel, PPF Chief Investment Officer.
Separately, PPF will vote in favour of the re-election of Klára Brachtlová, a senior CME executive, to the Supervisory Board of ProSiebenSat.1, at the AGM. Brachtlová, was appointed to the Supervisory Board in October 2023.