ProSiebenSat.1 announced the appointment of Maria Kyriacou (54) as the new Chairwoman of its Supervisory Board. The appointment was confirmed at the company's Annual General Meeting (AGM), with shareholders granting their approval by a margin exceeding 98%.
Kyriacou succeeds Dr Andreas Wiele, who previously announced his non-re-election after a three-year term. Following the AGM, the Supervisory Board elected Kyriacou to the position. Shareholders also confirmed the reappointment of Dr Katrin Burkhardt and Simone Scettri to the Supervisory Board.
“I sincerely thank our shareholders for their great trust! Working closely with the Supervisory Board and the Executive Board, my ambition is to accelerate our transformation journey, provide fresh momentum, and contribute the perspective I’ve gained through my international career. The company has a clear strategy, with a strong focus on its core business Entertainment, putting Joyn at the centre of this strategy. ProSiebenSat.1 can inspire, inform, as well as entertain – and I am excited to help seize these opportunities together,” stated Kyriacou.
Bert Habets, Chairman of the Executive Board of ProSiebenSat.1, commented: “I would like to take the opportunity to thank Andreas Wiele on behalf of the entire Executive Board and also personally. He has consistently driven the necessary transformation of ProSiebenSat.1 and has always strongly supported our strategy. At the same time, I am very much looking forward to working with Maria Kyriacou. She brings nearly 30 years of leadership experience in the global media industry, with deep expertise in strategy, operations, and finance. With her drive and extensive expertise, she will be an excellent addition to the Supervisory Board and a strong support in its work.”
Habets also highlighted the company's strategic progress during his AGM speech, stating: “In the past year we have reached many important milestones for ProSiebenSat.1. We have laid a solid foundation to support the future growth of our entertainment business. Our challenges will remain big. But we have a clear strategy and will continue to deliver on executing it. I am confident that we are on the right track to achieving our goal: becoming the number one entertainment player in the German-speaking region.”
The AGM also approved a dividend of €0.05 per eligible share for the 2024 financial year, payable on June 3, 2025. Shareholders discharged the members of both the Executive Board and the Supervisory Board for the same financial year. However, three agenda items regarding treasury shares and authorized capital did not receive the necessary approval.
The AGM had a 64.3% representation of share capital. Detailed voting results are available on the ProSiebenSat.1 investor relations website.