Ströer Out-of-Home Media AG announced that, the Board of Management and Supervisory Board have decided to reinforce the company's management, putting it in a position to seize these opportunities and guarantee the company's sustainable growth. The company plans to concentrate control of group operations in the hands of a single Chief Operating Officer. Christian Schmalzl, one of the highest-profiled managers in the international media sector will join the Ströer Board of Management in this newly established role of a group wide Chief Operating Officer.

CEO Udo Müller will continue to have overall responsibility for business development at the group, but will focus more on the company's future strategies. Alfried Bührdel will remain in charge of Ströer's financial, legal, HR, procurement and IT activities in his capacity as CFO. Board member Dirk Wiedenmann will continue to serve as head of the German subsidiary.