Overview
- The supervisory board appointed Marco Giordani, longtime MediaForEurope CFO, as ProSiebenSat.1 CEO with immediate effect, while outgoing chief Bert Habets will advise through year-end.
- Alvarez & Marsal managing director Bob Rajan becomes interim CFO, succeeding Martin Mildner, who departs despite a contract extension announced in September to May 2029.
- Chief operating officer Markus Breitenecker resigned with immediate effect and his board seat will not be refilled.
- The company links the overhaul to a savings plan targeting roughly 15% lower costs this year and more than €100 million in recurring annual savings from 2026.
- MediaForEurope took control of ProSiebenSat.1 in September with a 75.61% stake, reinforcing its push to pivot the broadcaster toward streaming.