RTL Deutschland Co-CEO Stephan Schäfer Exits Amid Management Restructure At German Media Giant
deadline.comStephan Schäfer is exiting his post at German media giant RTL Deutschland after less than a year, amid a management restructure that follows the takeover of publishing company Gruner + Jahr.A new look management board will see Bertelsmann and RTL Group CEO Thomas Rabe taking over as Chairman of the German operation, with Deutschland Co-CEO Matthias Dang, CFO Alexander Glatz, and Oliver Radtke, who is responsible for coordinating the combination of RTL Deutschland and Gruner + Jahr, along with group Executive Vice President of Business Development Andreas Fischer, who also becomes COO.Schäfer, who was placed in post alongside Dang last year, is leaving “on the best of terms,” according to the company.
He will remain associated with RTL in an advisory capacity.Rabe said: “I look forward to working even more closely with my colleagues at RTL Deutschland in the future.
There are exciting tasks and great challenges ahead of us, which we will tackle together. I would like to thank Stephan Schäfer for his dedication to Gruner + Jahr and RTL Deutschland.
He provided a lot of impetus at both companies, including the combination of RTL Deutschland and G+J, the repositioning of the RTL brand, and the further development of RTL’s programming.
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