Ad hoc announcement pursuant to Art. 53 LR
Thomas Sterchi to withdraw from Tamedia's Digital Advisory Board
Zurich, 24 March 2016 – Effective the end of March, Thomas Sterchi will withdraw from the Digital Advisory Board of the Swiss media group Tamedia to focus on his activities related to the Tom Talent Holding and to avoid conflicts of interest between Teleboy, operated by the Tom Talent Holding, and Tamedia's investment in Zattoo. Both companies are providing online TV services.
The Digital Advisory Board advises the Board of Directors and the Management Board of Tamedia on the development of the digital operations. Thomas Sterchi has been a member of the Advisory Board since its establishment in October 2013. During this time, he significantly contributed to the further development of Tamedia's digital strategy. Thomas Sterchi is the founder of the leading Swiss job portal jobs.ch, now owned by Ringier and Tamedia.
The Advisory Board consists of the following members: Emily Bell, Professor and Director of the Tow Center for Digital Journalism at Columbia University Graduate School of Journalism in New York; Markus Gross, Professor for Computer Graphics at the Swiss Federal Institute of Technology in Zurich (ETHZ) and Director of Disney Research Zurich; Mathias Müller of Blumencron, Editor-in-Chief of Digital Media at «Frankfurter Allgemeine Zeitung»; and Sverre Munck, former Deputy Chairman of the Management Board and responsible for strategy and international media at the Schibsted Media Group of Norway. The Advisory Board meets three times a year and is chaired by Pietro Supino, Publisher and Chairman of the Board of Directors of Tamedia.
Tamedia's Board of Directors and the Management Board would like to thank Thomas Sterchi for his successful engagement and wish him continued success in the future.