September 15, 2013 20.58 Europe/London By Chris Dziadul
Central European Media Enterprises (CME) has appointed Christop Malnusch and Michael Del Nin as co-CEOs, effective September 16.
Mainusch has a total of 16 years of experience serving as a CEO for media companies, including positions at Alpha Media Group in Greece, RTL Televizija in Croatia and ACS Media GmbH.
He most recently worked as a consultant for Turner Broadcasting International advising the president on various projects.
Prior to that, he was a member of the operational management committee at RTL Group.
Del Nin meanwhile served as a CME director from October 2009 until September 2013.
He worked as the senior VP of International and Corporate Strategy at Time Warner from early 2008 until this month.
Commenting on the appointments and speaking on behalf of the board, Ronald Lauder, CME’s founder and chairman of its board of directors, said on behalf of the board: “We are very pleased that Christoph and Michael are leading CME’s executive team. Michael, who has served on CME’s board of directors since 2009, is an insightful executive with a well-developed understanding of the media business, and Christoph brings a wealth of operating experience and has a proven track record of successfully managing broadcasters, including in our markets.
“We believe their skills and experience are the right fit for CME. This dynamic combination of Michael overseeing corporate matters, allowing Christoph to focus primarily on operations, demonstrates the board’s commitment to getting the right value for CME shareholders.”