The board of Metro International S.A. ("Metro International"), the
world's largest global newspaper, has appointed Per Mikael Jensen as
the new CEO and President of Metro International. Per Mikael will
join the company on 1st of November 2007. Mr Jensen is currently
Chief Executive Officer of TV2 Denmark, Denmark's largest free-to-air
TV channel. Prior to joining TV 2 Denmark he was the Global
Editor-in-Chief of Metro International."The Board of Directors is delighted that Per Mikael Jensen will be
joining Metro International as CEO. He brings a long and broad
experience from the media industry, a strong commitment to creating
unique and successful content and a recent track record of improving
profitability in TV2 Denmark," comments Dennis Malamatinas, Chairman
of Metro International.
Mr Jensen, born in 1962, holds a degree in journalism from the
Denmark School of Journalism. He has had a 21-year career in the
media industry including management positions with the Danish
newspapers Politiken, Jyllandsposten and MetroXpress (subsidiary of
Metro International), as well as Global Editor-in-Chief of Metro
International and CEO of TV2 Denmark.
TV 2 Denmark is a state owned public service channel. It is the
leading free-to-air TV channel in Denmark comprising 6 TV-channels, a
national radio station and extensive on-line businesses. TV 2 Denmark
has approximately 950 employees and an annual turnover of USD 355
million."I am thrilled to re-join Metro International, which I believe is one
of the most interesting media companies there is. Metro is a young
company, with many young and talented employees and strong positions
in a number of large advertising markets. It has significant
potential to further develop its position," comments Per Mikael
Jensen.
Pelle Törnberg will leave his position as CEO and President on the
31st of July, 2007. Metro International's Chief Operating Officer
Chris Spalding will act as interim CEO and Dennis Malamatinas will
assume the role of Executive Chairman until 1st of November 2007.
For further information, please visit www.metro.lu or contact:
Dennis Malamatinas, Chairman of the Board tel: +44
(0)20 7016 1300
Birgitta Henriksson, Brunswick Group, IR Contact tel: +46
(0) 708 12 86 39
***
ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest and fastest growing international newspaper in
the world. Metro is published in over 100 major cities in 21
countries across Europe, North & South America and Asia. Metro has a
unique global reach - attracting a young, active, well-educated
Metropolitan audience of over 20 million daily readers. Metro
International's advertising sales have grown at a compound annual
rate of 41% since the launch of the first edition in 1995.
Metro International 'A' and 'B' shares are listed on the OMX Nordic
Exchange's Nordic List under the symbols MTRO SBD A and MTRO SBD B.
PER MIKAEL JENSEN APPOINTED NEW CEO AND PRESIDENT OF METRO INTERNATIONAL
| Source: Metro International S.A.