ProSiebenSat.1 names new CFO, makes board appointments

ProSiebenSat.1’s deputy chief finance officer Gunnar Wiedenfels will take over the role of CFO of ProSiebenSat.1 Media from Axel Salzmann, effective April 1, 2015. 

Announcing the move, ProSiebenSat.1 said that Salzmann will leave the company at his own request on March 31, 2015. He has been CFO of ProSiebenSat.1 Media since June 2008, and for a brief period in 2009 was acting CEO.

Effective of his new position, Wiedenfels will be appointed to the Executive Board of ProSiebenSat.1 Media.

He joined the ProSiebenSat.1 Group in 2009 and became deputy CFO in March 2014.

At the same time, ProSiebenSat.1’s executive vice president of mergers and acquisitions and chief investment officer, Ralf Schremper, also takes a place on the board, assuming the newly created “Corporate Strategy and Investments” executive department.

“I am delighted that again two colleagues from the company’s ranks, Dr. Gunnar Wiedenfels and Dr. Ralf Schremper, will be appointed to the Executive Board of ProSiebenSat.1 Media AG. Both have been contributing to the company’s success for years,” said Werner Brandt, chairman of the supervisory board of ProSiebenSat.1 Media.

“On behalf of the Supervisory Board, I thank Axel Salzmann warmly for his outstanding commitment to ProSiebenSat.1. In recent years, Mr. Salzmann has made a crucial contribution to putting the company on today’s sound financial foundation.”