New Head of Business Development

11.07.2019, Luxembourg, RTL Group

RTL Group appoints Andreas Fischer as new Head of Business Development.

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Andreas Fischer


As already announced at the RTL Group Management Meeting in Gütersloh in May 2019 (Backstage reported), CEO Thomas Rabe and CFO Elmar Heggen have begun a process to review the organisational design of the Group with the aim to reduce complexities and facilitate decision-making.

The Executive Committee has decided to bundle all strategy- and business development-related functions in the Corporate Centre in one department – combining the current teams of Mergers & Acquisitions, Strategy & Business Development and Global Operations Management. The new department Business Development will be headed by Andreas Fischer, effective immediately. In his new function, Andreas Fischer will report to RTL Group’s Executive Committee. He will continue to have the portfolio responsibility for RTL Hungary and RTL Croatia.

Rhys Noelke and Daniel Menet

As announced today, Rhys Noelke (currently RTL Group’s SVP Strategy & Business Development) will change to Bertelsmann’s Corporate Centre as SVP Technology & Data, effective 1 September 2019 (Backstage reported). With RTL Group’s focus on fostering organic growth initiatives, Daniel Menet (currently RTL Group’s SVP Mergers & Acquisitions) has decided to explore new opportunities outside the Group. Over the next months, he will work together with Andreas Fischer to ensure a smooth transition.

 

Elmar Heggen © Ramon Haindl

Elmar Heggen, Deputy CEO and CFO of RTL Group, says: “Clear structures, fast decisions and close cooperation with our business units are key for driving our agenda. Andreas Fischer has a deep understanding of the international TV and media industry, a broad network across RTL Group and comprehensive deal experience. I am very confident that the new setup with its focus on executing our organic growth strategy will contribute to reach our goals.”

Elmar Heggen continues: “I would also like to extend a personal thank you to Daniel Menet for our close collaboration and his vital contributions over the past 14 years. With his expertise and dedication, he has played a pivotal role in expanding and developing RTL Group’s digital portfolio. I’m looking forward to continuing our collaboration with Andreas and Rhys in their new positions and wish Daniel lots of success in his new endeavors.”
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