Munich, June 18, 2020
Your Family Entertainment AG ("YFE") announced today that Chief Operating Officer ("COO") Bernd Wendeln was appointed to the management board of the listed company on June 1, 2020.
Bernd Wendeln will complement Dr. Stefan Piëch in his activities and assume responsibility for the operational business of the company. The focus of his tasks will be the national and international expansion of (linear and non-linear) broadcasting activities and license trading. Bernd Wendeln will also promote the 'revival' of YFE's IP rights to popular comic characters (e.g. Fix & Foxi, Albert, Moorhuhn, Ric) in order to tap their potential for the broadcasting and license market.
Mr. Wendeln has been COO of Your Family Entertainment since December 1, 2019 and can look back on many years of management experience in the media business through his positions at the Tele Muenchen Group and ProSiebenSat.1 Group. At Tele Muenchen Gruppe (now part of Leonine), he developed and led the first VOD channel "Filmtastic" and the expansion into new business areas. At ProSiebenSat.1 Group, Bernd Wendeln was involved in strategic and M&A projects in all segments of the group. Before that, Mr. Wendeln worked in the private equity sector and he also holds an MBA from INSEAD Business School.
"After I was able to familiarize myself intensively for 6 months and as we have also coped well with the Corona crisis, I am pleased to be appointed to the Management Board. I strongly believe in the potential of the company, as we not only own a large library of great titles for children, but also many well-known IP rights, which are very valuable in times of streaming platforms and digital growth," explains Bernd Wendeln, the new board member of Your Family Entertainment AG.
"With Bernd Wendeln, YFE can count on a new board member with proven experience in all areas of the media business that are relevant to us, with an emphasis on digital and IP. As family fathers, we also share the values of our educational and non-violent family content," emphasizes Dr. Stefan Piëch, CEO and board member of YFE.
"We are very happy to have entrusted Mr. Wendeln this demanding task. The last few months have shown that Mr. Wendeln is a COO who will keep a firm hand even in difficult times and who always looks ahead. The supervisory board looks forward to working together in the future," says Sebastian von Wallwitz, chairman of the supervisory board of Your Family Entertainment AG.
About Your Family Entertainment AG
Contact at Your Family Entertainment AG
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Issuer: Your Family Entertainment AG
Key word(s): Enterprise
|Company:||Your Family Entertainment AG|
|Phone:||+49 (0)89 997 271-0|
|Fax:||+49 (0)89 997 271-91|
|Listed:||Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart|
|EQS News ID:||1072887|
|End of News||DGAP Media|