German media group ProSiebenSat.1 has named former Dyson CEO Max Conze as its chief executive, replacing longtime CEO Thomas Ebeling, who leaves the company tomorrow (February 22).
During the transition period, expected to last until May 31, Conrad Albert, deputy CEO of the company, will act as interim chairman.
According to ProSiebenSat.1, during Conze’s tenure at Dyson, earnings as well as revenues tripled. Also during that period, the British company strengthened its investments in various technologies and expanded its market position in Asia.
Prior to Dyson, Conze held various management and marketing positions at Procter & Gamble over a 17-year period.
“Max Conze has extensive international management experience in various industries,” said Dr. Werner Brandt, chairman of the supervisory board of ProSiebenSat.1 Media SE, in a statement. “He also successfully implemented the digital transformation at Dyson, turning the company into a rapidly expanding global technology corporation. With his innovative power and marketing expertise, he will take ProSiebenSat.1 to new heights.”
Thanking Conze’s predecessor for his “innovative drive,” Brandt added: “Thomas Ebeling has achieved tremendous success for ProSiebenSat.1 Group. Under his leadership, ProSiebenSat.1 revenues increased nearly 50 percent, and the market capitalization has multiplied from around 300 million euros when he joined to over 7 billion euros.”