Board/Management Information • Mar 31, 2021
Board/Management Information
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Schibsted ASA (SCHA/SCHB) - Raoul Grünthal to leave Schibsted
31.3.2021 09:00:01 CEST | Schibsted | Non-regulatory press releases
Raoul Grünthal, EVP in Schibsted, has decided to leave Schibsted after 15 years.
Today he leads the Next business area, which is responsible for the Group's
investments in new business areas and growth companies.
"I've had an amazing journey in Schibsted, in a Group that is constantly
developing. And all the time, I've been driven by the belief that
entrepreneurship and intrapreneurship are vital drivers of the Group's long-term
value creation and growth. Companies like Blocket, Prisjakt, Leboncoin, and
Lendo are examples of the innovative strength that can come out of these
environments, and of the magic that can be created when they are combined with
Schibsted's strengths and capabilities," says Raoul Grünthal.
Grünthal joined Schibsted in 2006, and has held a number of leading positions,
including CEO of Svenska Dagbladet, CEO of Schibsted Sverige and Head of
Schibsted's News Media division.
In his current role as EVP for the Next business area, he has led the Group's
ambitious investments in financial services and in Schibsted's growing
distribution and ventures business, where he has been involved in a series of
startup investments.
"I'm leaving a Schibsted that is on the offensive, with a strong motivation for
growth and an uncompromising focus on its users. I've experienced the digital
transformation in the media industry first hand, I've been involved in
developing and shaping our venture initiative, and been part of a massive
international expansion of Schibsted's online classifieds business which
resulted in the stock exchange listing of Adevinta. Moreover, I've worked with
so many talented colleagues in the course of these years, not least in Next, so
Schibsted will always be special to me," says Grünthal.
Schibsted's CEO Kristin Skogen Lund is very grateful for the job Grünthal has
done: "Raoul has made an outstanding contribution during his time in Schibsted.
In recent years he has led an area that has delivered strong growth and good
results, so the conditions are optimal for building further on that solid
groundwork," says Skogen Lund.
"Raoul is a true visionary and a good strategic thinker. As a member of the
Group Management Team, I have particularly appreciated his ability to combine
his sound experience with an ability to think outside the box. His shrewd
observations often serve as a useful contribution for the rest of the team," she
says.
Grünthal will continue in his present role until 01 July and will be available
to the Group in an advisory capacity in the autumn.
"We will decide how to resolve the new management of Next well before the
summer," says the CEO.
Raoul Grünthal does not share his plans for what he will be doing after he
leaves Schibsted: "I will come back to that. In the meantime, my full focus will
be on Schibsted and Next. I also hope we will soon be able to meet each other in
person once again. That's something I've really missed," he says.
Oslo, 31 March 2021
SCHIBSTED ASA
Contact persons:
Camilla Kim Kielland
Head of Communications, Schibsted News Media & Next
Mobile: +47 917 36 971
Atle Lessum
Head of Communications, Schibsted Group
Mobile: +47 415 05 645
Jann-Boje Meinecke
Head of Investor Relations
Mobile: +47 941 00 835
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/439/560/Download%20announcement%2
0as%20PDF.pdf
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