ProsiebenSat.1: Thomas Ebeling will step down as CEO on 22/02/2018

"Thomas Ebeling (59 years old), who served as chairman (and CEO) of ProSiebenSat.1 Media SE’s executive board for many years, will leave the company after the annual press conference for fiscal year 2017 scheduled for 22/02/2018. This was mutually agreed today by the chairman of the executive board and the company’s supervisory board," indicated the German audiovisual group on 19/11/2017. Ebeling's contract was due to end mid-2019.

"Conrad Albert, member of the executive board with current responsibility for external affairs & industry relations and general counsel of the company, who has been with the company since 2005, has been appointed as deputy chairman of the executive board with immediate effect. In particular, the purpose of this appointment is to ensure continuity in the company and to guarantee the further implementation of the strategy if the successor should not be able to take up his office promptly after the annual press conference," said ProSiebensat.1.

• Thomas Ebeling joined Pepsi-Cola in Germany in 1991, where he held several positions until becoming managing…