Munich, 7 September 2018 - Florian Pauthner (35) and Dr Jens Pippig (39) will jointly manage the business of SevenVentures, the investment arm of the ProSiebenSat.1 Group, from 1 September 2018.

Dr. Jens Pippig is founder of the ProSiebenSat.1 Accelerator. Before that, he managed the ProSiebenSat.1 Group strategy department. Prior to that, Jens spent eight years at McKinsey & Company in Berlin and specialised in e-commerce, private equity, and retail. Jens Pippig studied economics at Witten/Herdecke University where he obtained his PhD. In his new role, he will also be responsible for the 7Life brand, which focuses on investing in emerging health and nutrition companies. At the same time, Pippig will remain Managing Director of the ProSiebenSat.1 Accelerator, which he will lead in the future together with Fabian Heuschle (34), who joins as co-Managing Director and was formerly Investment Director at 7Life.

Florian Pauthner has been Managing Director of SevenVentures since January 1, 2015. Prior to joining the ProSiebenSat.1 Group in January 2014, Pauthner served as M&A advisor to SEB, one of the largest financial institutions in Northern Europe, and KPMG's consulting business.

Sabine Eckhardt, Management Board Member Sales & Marketing at ProSiebenSat.1 Media SE: 'I am very happy that we were able to win Jens Pippig for SevenVentures. His in-depth knowledge of the start-up business will give new momentum to our investment arm. With Florian Pauthner, who has led the company successfully over the last few years, our dual leadership is complete again now.'

About SevenVentures
SevenVentures is the leading global TV media investor. As the investment arm of the ProSiebenSat.1 Group, SevenVentures is the ideal partner for high-growth B2C companies, particularly in the consumer goods, retail and services industries, who have the potential to achieve sustainable success by launching TV advertising campaigns. Zalando is the perfect example of how companies can take advantage of this to become market leaders or popular brands. SevenVentures also supports enterprises seeking international growth with media power, capital and all other services of the ProSiebenSat.1 Group. In cooperation with the Group network, comprised of leading European media companies, they always find the right growth strategy.

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ProSiebenSat.1 Media SE published this content on 10 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 September 2018 12:11:03 UTC