DGAP-News: Ströer Out-of-Home Media AG: Ströer strengthens group management
(firmenpresse) - DGAP-News: Ströer Out-of-Home Media AG / Key word(s): Change of
Personnel
Ströer Out-of-Home Media AG: Ströer strengthens group management
24.09.2012 / 09:39
---------------------------------------------------------------------
PRESS RELEASE
Ströer strengthens group management
- Christian Schmalzl, international COO of WPP subsidiary MediaCom, joins
Ströer AG's Board of Management at the end of the year and takes over
responsibility for overall group operations
Cologne, 24 September 2012 - The structural transformation of the media
landscape is opening up business opportunities. As one of Europe's leading
outdoor advertisers, Ströer plans to harness these to a greater extent so
that they serve its growth strategies. Ströer is already diligently at work
in this field, driving forward the evolution of digital media with projects
such as the installation of the Out-of-Home-Channel, a nationwide
undertaking over the past two years that created Germany's first digital
outdoor network at the country's main train stations and shopping malls.
The trend towards digitalization of the media landscape and a closer
connection between classic advertising and digital services will become an
increasingly important motor behind Ströer's development in the future.
These changes are set to open up further growth potential in related
business sectors that serve to strengthen the company's strong standing in
Germany, Poland and Turkey.
Against this backdrop, the Board of Management and Supervisory Board have
decided to reinforce the company's management, putting it in a position to
seize these opportunities and guarantee the company's sustainable growth.
Ströer plans to concentrate control of group operations in the hands of a
single Chief Operating Officer (COO). Christian Schmalzl, one of the
highest-profiled managers in the international media sector will join the
Ströer Board of Management in this newly established role of a groupwide
COO.
'Our eyes are firmly fixed on the future. Since our IPO, we have invested
significant funds in our growth-related projects. We now aim to further
exploit the potential that is open to us. Our goal is to increase the
market share of outdoor advertising in Germany from 4 to 6.5 percent over
the coming years and move into new business areas for digital activities.
We also believe that our non-German markets contain great potential for
organic growth. It is my great pleasure to welcome Christian Schmalzl,
another outstanding executive in the media industry, into my management
team. I fully believe that he will be a great asset to our company, thanks
to his skill and experience in international media management,' says Udo
Müller, CEO of Ströer AG.
CEO Udo Müller will continue to have overall responsibility for business
development at the group, but will focus more on the company's future
strategies. Alfried Bührdel will remain in charge of Ströer's financial,
legal, HR, procurement and IT activities in his capacity as CFO. Board
member Dirk Wiedenmann will continue to serve as head of the German
subsidiary, the company's largest business unit.
The Board of Management's new member, Christian Schmalzl, studied political
science, German, and sociology in Passau and Cardiff, and he moved into the
media industry after finishing college. Hisfirst position was at
Munich-based MediaCom, where, in 2002, he became their youngest-ever
managing director, only two years after starting out as a trainee. In 2007,
he assumed full responsibility for all business activities in Germany.
After just 10 years with the internationally active media group, he was
made Worldwide Chief Operations&Investment Director (COO) at the age of
36.
About Ströer
Ströer Out-of-Home Media AG, Cologne, together with its subsidiaries,
specializes in all forms of out-of-home advertising media, from traditional
posters and advertising at bus and tram stop shelters and on vehicles,
through to sophisticated digital out-of-home advertising media. The Group
commercializes more than 280,000 advertising faces and, with consolidated
revenue of EUR 577.1m for fiscal year 2011, is one of the leading
out-of-home advertising companies in Germany, Turkey and Poland. In terms
of revenue, Ströer is one of Europe's largest providers of out-of-home
advertising.
The acquisition of ECE flatmedia GmbH has enabled the Ströer Group to
expand its digital out-of-home media portfolio to include shopping malls.
The advertising media portfolio of the Cologne-based SDAX-listed company
thus comprises digital moving-picture networks in Germany's largest train
stations, in underground and suburban railway stations and now also in the
country's largest shopping malls.
In addition, Ströer boasts a broad offering of out-of-home advertising
products that set new standards in terms of the quality, innovation and
design of advertising media and street furniture. Ströer's street furniture
has won 27 international awards. The Ströer Group has approximately 1,700
employees at over 70 locations.
For more information on the Company, please visit www.stroeer.de.
Press contact
Claudia Fasse
Ströer Out-of-Home Media AG
Director Group Communication
Ströer Allee 1 D-50999 Cologne
Telephone: 02236 / 96 45-246
Fax: 02236 / 96 45-6246
Email: cfasse(at)stroeer.de
Contact:
IR Contact:
Stefan Hütwohl
Ströer Out-of-Home Media AG
Director Group Finance and Investor Relations
Ströer Allee 1 | D-50999 Cologne, Germany
Phone: +49 (0)2236 / 96 45-338
Fax: +49 (0)2236 / 96 45-6338
E-Mail: ir(at)stroeer.de
End of Corporate News
---------------------------------------------------------------------
24.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Ströer Out-of-Home Media AG
Ströer Allee 1
50999 Köln
Germany
Phone: +49 (0)2236.96 45 0
Fax: +49 (0)2236.96 45 299
E-mail: info(at)stroeer.com
Internet: www.stroeer.de
ISIN: DE0007493991
WKN: 749399
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
186139 24.09.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
" alt="Homestake Announces Financing and Exploration Program on the Kinskuch Property
Datum: 24.09.2012 - 09:39 Uhr
Sprache: Deutsch
News-ID 185847
Anzahl Zeichen: 5258
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 250 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Ströer Out-of-Home Media AG: Ströer strengthens group management"
steht unter der journalistisch-redaktionellen Verantwortung von
Ströer Out-of-Home Media AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
