ProSiebenSat.1 reorganises Executive Board - Wolfgang Link leaves the company

Unterföhring, 12 June 2023. Wolfgang Link, former Chief Entertainment Officer and CEO of Seven.One Entertainment Group, has decided to leave the Group by mutual agreement on 15 July 2023 after 14 years at ProSiebenSat.1. Due to the strategic realignment of the Group and the focus on the core business Entertainment, ProSiebenSat.1 CEO Bert Habets will directly manage the Entertainment segment in the future. Wolfgang Link will continue to support the company in an advisory capacity until at least the end of the year.

As a member of the Executive Board, Wolfgang Link was responsible for the Entertainment segment and was also CEO of the Seven.One Entertainment Group. Until his appointment to the Executive Board in March 2020, he held various management positions at ProSiebenSat.1. By merging marketing with the individual station brands and the content, digital and distribution areas, he established an integrated entertainment house. He also played a key role in developing the newsroom and created the basis for innovative and local entertainment formats. Most recently, Wolfgang Link was responsible for the complete takeover of Joyn.

Dr Andreas Wiele, Chairman of the Supervisory Board of ProSiebenSat.1 Media SE: "On behalf of the entire Supervisory Board, I would like to thank Wolfgang Link for his outstanding work and commitment to the company over the many years of his tenure. For example, he brought successful formats such as 'The Voice of Germany' and 'The Masked Singer' to Germany and led the company from a pure free TV provider to a digital, platform-independent entertainment company. Wolfgang Link is leaving the company on the best of terms and I personally wish him all the best for the future." Wiele continues: "The reorganisation of the Executive Board is the logical consequence of the focus on the entertainment business. Bert Habets can set new priorities here as CEO. The reduction in the size of the Executive Board is also in line with the Group-wide transformation programme to optimise structures and costs."

At the end of March, ProSiebenSat.1 announced that it would focus on its entertainment business in future and expand its digital business. The streaming platform Joyn will be of central importance here. At the same time, initiatives such as its own newsroom, more local programme content and closer cooperation with creators from its own network will help to increase ProSiebenSat.1's reach across platforms. 

Bert Habets, Chairman of the Executive Board of ProSiebenSat.1 Media SE: "ProSiebenSat.1 continues to be an icon of entertainment. I am certain that we will maximise the great potential of this company if we act decisively and consistently despite the difficult market environment. The transformation of the Group is essential and we will continue to invest heavily in local and international content in the future." Habets continues: "Through Wolfgang Link, ProSiebenSat.1 has built up many excellent stars and talents such as Joko & Klaas, produced high-calibre local content and created an innovative content house. I would like to thank Wolfgang for his partnership and am delighted to have him with us as a consultant."

Wolfgang Link: "I look back on the past 14 years with great gratitude. Together with a great team, we have written a piece of entertainment history. I would like to say a heartfelt thank you to all my colleagues, artists, producers, advertisers and business partners who have accompanied me on this fantastic journey. It was and is a great privilege to inform and entertain Germany every day with great content. I look forward to continuing to be available to ProSiebenSat.1 as a consultant."

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