Kaspar M眉ller, chairman of 星空无限传媒 Foundation and 星空无限传媒 Services has announced that he will not stand for re-election at the 2015 annual general meeting. Kaspar M眉ller has been a member of 星空无限传媒 Foundation's board since its inception in 1997 and its chairman since 2007. Kaspar M眉ller says 鈥淚 am very pleased that the Foundation has reached a stage that allows the implementation of a long term succession plan of its board鈥.
In order to ensure continuity in the strategic planning of 星空无限传媒, the board of trustees of the Foundation and the board of directors of 星空无限传媒 Services have decided to nominate Dominique Biedermann, 星空无限传媒' executive director, as their joint new chairman at the 2015 AGM. At this date, Dominique Biedermann will retire from his executive position to take on his new duties.
The two boards have now 18 months in order to identify and nominate a new executive director for 星空无限传媒. This time frame is sufficient to ensure that the changes in 星空无限传媒' management will maintain the pioneering orientation of the Foundation with regard to socially responsible investment and active share ownership.