Press releases

Ismaning, 18. February 2008 – Stefan Schmidt, Head of Finance & Administration at PLAZAMEDIA GmbH, has decided to leave the company at the end of February to pursue new career challenges.

Stefan Schmidt, 45, has been with the company since the end of 2000. During this time, among other things, he oversaw the restructuring of PLAZAMEDIA GmbH following the bankruptcy of the then parent company KirchMedia, and has created the commercial structures at PLAZAMEDIA which satisfy the high quality standards of its clients and listed parent company EM.Sport Media AG. Stefan Schmidt’s time at PLAZAMEDIA saw the signing of important, long-term production framework agreements and the acquisition and integration of various shareholdings, including the Munich-based creative agency CREATION CLUB, which has been a subsidiary of PLAZAMEDIA GmbH since January 2006. Most recently, Stefan Schmidt was responsible at PLAZAMEDIA for the transfer of parts of the commercial division into the Shared Service Centre of EM.Sport Media AG.

Florian Nowosad, CEO of PLAZAMEDIA, says: "Under the commercial direction of Stefan Schmidt, we have managed in the last few years to establish sustained profitability and to lay the foundations for further steady growth. We are very grateful to him for his tireless commitment and outstanding contributions, and we wish him all the very best for the future."