The German media conglomerate ProSiebenSat.1 has announced the appointment of Michael Eifler and Simone Sole as the newest members of its Supervisory Board. This decision comes after shifts in the ownership structure of the company.
Both Eifler and Sole were appointed by court order, effective immediately. Formal confirmation from shareholders is anticipated at the next Annual General Meeting. They succeed Klára Brachtlová and Christoph Mainusch, who resigned following the completion of MFE-MediaForEurope’s (MFE) voluntary takeover offer. This takeover resulted in a change in the majority shareholding of ProSiebenSat.1.
Eifler is a partner at Eifler Grandpierre Weber Rechtsanwälte und Notare, a law firm located in Frankfurt am Main. With nearly 30 years of experience in corporate law, he is considered an expert in national and cross-border M&A transactions, corporate governance, and restructuring. He has advised both mid-sized German companies and international investors, particularly Italian businesses expanding into Germany.
Sole serves as Group Head of Finance and M&A at MFE in Milan. He brings over two decades of senior leadership experience in the media industry, overseeing group-wide finance, mergers and acquisitions, corporate development, and investor relations. He has also held board positions at major media companies including EI Towers and Endemol.
ProSiebenSat.1 Supervisory Board Chairwoman Maria Kyriacou expressed her enthusiasm for the new appointments, emphasizing the value of their diverse backgrounds and experience. “Their respective expertise and cross-cultural experiences will be highly valuable as we continue our transformation,” she said. “With the enhanced capabilities of the Board, we are well equipped to support the ongoing alignment with our majority shareholder.”
The company stated that the appointments will enhance the Supervisory Board’s international perspective and media-sector expertise, supporting ProSiebenSat.1’s strategic focus on the digital transformation of its entertainment business and the creation of sustainable value for stakeholders.