ProSiebenSat.1 Extends CFO Mildner’s Contract

finance-magazin.de

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In the midst of the acquisition by the Berlusconi Group MFE, ProSiebenSat.1 relies on stability in the financial sector. CFO Martin Mildner remains in the business until 2029. He is facing a challenging time. ProSiebenSat.1 has extended the contract with its Chief Financial Officer Martin Mildner until 2029. The step takes place in a disruptive period, as the media house is about to take over recently by the Berlusconi Group Media for Europe (MF…

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Mildner remains CFO until May 2029 – in the past he had also been critical of MFE and its plans for ProSiebenSat.1

manager magazin

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Shortly before its takeover by the Berlusconi family holding company MFE, the TV group ProSiebenSat.1 extended its CFO's contract. The Italians reportedly did not support the decision on the supervisory board.

turi2

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The ProSiebenSat.1 Supervisory Board extends the contract with Chief Financial Officer Martin Mildner by another three years until May 2029. Mildner "has successfully implemented various efficiency initiatives in a challenging market environment that contributed to leaner cost structures and improved cash flow," says a press release. According to "Reuters", major shareholder MFE has not supported the extension. At the end of April 2023, Mildner …