Vienna, June 12 2007 - Peter van Kol, CEO Adria Media Zagreb, will be appointed CEO Adria Media Holding as per November 1, 2007. József Steff, currently CEO Adria Media Holding, will move to Sanoma Magazines Praha (SMP). He will become the new CEO of SMP as per November 1, 2007.
Since the start of the Joint Venture between SMI and G+J, József Steff has been doing a great job as the responsible person for the integration of the different businesses of the joint venture partners and the materialization of the defined synergies. This very time consuming process has passed off successfully and will be finalized in the course of the second part of 2007.As a consequence of the successful integration the Supervisory Board of Adria Media Holding has decided to combine the responsibilities of the Holding CEO with the responsibilities of the CEO of one of its subsidiaries. Therefore, Peter van Kol will, next to his role as CEO of Adria Media Zagreb, become CEO of Adria Media Holding as well. He will report to the Supervisory Board of Adria Media Holding. About Adria Media Holding
Adria Media Holding GmbH (AMH) is a 50-50 joint venture between Sanoma Magazines International and Gruner+Jahr and active in Slovenia, Serbia and Croatia. AMH publishes 37 magazines and employs around 370 people. Sanoma Magazines International, located in Amsterdam (the Netherlands), is part of Sanoma Magazines. Sanoma Magazines International is responsible for Sanoma Magazines’ activities in Central, Eastern and South East Europe. Sanoma Magazines is one of the largest consumer magazine publishers in Europe . The company publishes more than 300 magazines in thirteen different countries. Apart from developing its strong portfolio of magazine brands for various reader communities, Sanoma Magazines is expanding its business to other media platforms, with a clear focus on interactivity. Sanoma Magazinesis a division of SanomaWSOY, the leading media group in the Nordic region with operations in versatile fields of media in over twenty European countries. (Not for publication)
For more information, please contact:
Peter van Kol
Mobile: + 385 91 6000 201
Email: p.v.kol@adriamedia.hr

