Highlight extends Agreements with T.E.A.M. Presidents Hempel and Lenz until 2009
Lucerne, Switzerland (ots)
The parent company of T.E.A.M., Highlight Communications AG ("Highlight"), concluded an agreement with Klaus J. Hempel and Jürgen Lenz for the purpose of securing their existing management- and corporate functions within the T.E.A.M. group until 30 June 2009. Within the scope of this agreement Klaus J. Hempel and Jürgen Lenz will sell their 20% share in T.E.A.M. to Highlight with effect on 1 July 2005. Accordingly, as of 1 July 2005 Highlight will then have a 100% ownership in T.E.A.M.
Richard Worth (47) will succeed Klaus J. Hempel and Jürgen Lenz as CEO with effect on 1 February 2004. Klaus J. Hempel and Jürgen Lenz will retain their positions as Presidents and Board Members of the T.E.A.M. group and be responsible for the strategic business development. Richard Worth is a long-term member of the T.E.A.M. management and acted successfully in the position of the COO since 2001. Klaus J. Hempel and Jürgen Lenz will retire from the Board of Highlight to enable the younger generation to succeed. Thomas Klooz (49), new Deputy CEO of T.E.A.M., is foreseen to assume their positions. As Richard Worth, Thomas Klooz is a long-term member of the T.E.A.M. management.
Furthermore the management team of T.E.A.M. will be strengthened: In addition to Frank Leenders, Business Development, and Tom Liston, Marketing, the management team will be complemented with Thomas Gurtner, Event Management, Simon Thomas, Television, and David Tyler, Legal.
T.E.A.M. Television Event And Media Marketing AG
T.E.A.M. is a full-service company, specialised in the marketing and sales of commercial rights related to televised content on an international basis. The company employs over 90 professionals, operating from offices in Lucerne, Switzerland.
T.E.A.M. is widely known and respected as the exclusive marketing partner of UEFA (the governing body of European football) for its flagship competition, the UEFA Champions League.
Contact:
Thomas Klooz
T.E.A.M. Television Event And Media Marketing AG
Tel. +41/41/368'18'18
Fax +41/41/368'18'00
E-Mail: info@team.ch