May 23, 2014
Helge Sasse to leave Senator
Berlin, May 23, 2014 – The Management Board Chairman of Senator Entertainment AG, Helge Sasse, will leave the company at his own request effective June 30, 2014 after more than eight years as its CEO. Under his leadership, Senator Film Verleih released blockbusters such as “The Reader,” “The King’s Speech” and “The Intouchables” in German cinemas.
“Senator Film is at a crossroads,” Helge Sasse said. “2013 did not live up to our expectations. I intend, after eight years of many wonderful highs and also lows, to take responsibility for this. We have already taken steps to implement a capital increase. Once this has been completed, I will clear the path for a change in leadership and new direction for the company.”
Dr. Andreas Pres, Chairman of the Supervisory Board of Senator Entertainment AG, said: “Mr. Sasse deserves our greatest respect for his bold decision to assume responsibility for the events in 2013. The Supervisory Board would like to thank Mr. Sasse for his work over these many years and difficult phases. We will now focus our attention closely on the realignment of the company.”
Mr. Sasse will step down from his position as CEO on June 20. He will continue his close working relationship with the company as a producer.
Markus Maximilian Sturm will take over as sole member of the Management Board and its interim Chairman effective June 21, 2014. However, plans are in place to appoint a second member to the Management Board in the near future.
For further inquiries, please contact:
Senator Entertainment AG Antje Pankow (Director of Publicity/SVP) Tel. +49 (0)30-88091-799 E-mail: email@example.com