Urs Rohner will remain under contract as ceo of German broadcaster ProSiebenSat.1 until 2006, under the new regime headed by the group's new owner, Haim Saban. Many had speculated that Saban would replace Rohner with a handpicked successor.
"He enjoys our full support and trust during the company's upcoming consolidation," Saban said in a statement. "Under his leadership, the ProSiebenSat.1 group continued to be successful, competitive and profitable, despite the bankruptcy of [former ProSiebenSat.1 parent company] KirchGroup and a difficult market environment," Saban said.
Rohner and his management team took over ProSiebenSat.1 as ceo in 2000. The American-Israeli media mogul, Saban, acquired the German broadcaster in a $1.3 billion in August 2003, and quickly named himself chairman of ProSiebenSat.1's supervisory board and appointed Saban Capital Group president, Adam Chesnoff, deputy chairman.