Adrian Sarbu resigned today from the position of President and Chief Executive Officer of Central European Media Enterprises (CME), decision effective immediately, as a press release on company’s website shows.
Sarbu had an important role within CME for almost 2 decades: from CME’s partner at the moment of Pro TV’s launch in Romania(1995) to COO (2007 – 2009) and President and CEO from 2009 to present.
Ronald Lauder, CME’s founder and Chairman of the CME Board of Directors, thanked Sarbu for his contribution within the company and praised the achievements made during his tenure as leader of the company.
I am proud to have been a part of CME for nearly 20 years and to have ensured the continued success of the Company through this very challenging period. It is an outstanding organization with talented employees. I am confident the Company is well positioned for the future. My mission at CME is accomplished
Sarbu will continue to be employed by CME until January 1st, 2014; his attributions were taken over by Duco Sickinghe, member of the CME’s Board, that will act as ad interim until a permanent CEO will be appointed.
CME is a media and entertainment company operating leading businesses in six Central and Eastern European markets with an aggregate population of approximately 50 million people. CME broadcasts television channels in Bulgaria (bTV, bTV Cinema, bTV Comedy, bTV Action, bTV Lady and Ring.bg), Croatia (Nova TV, Doma Nova World, and MiniTV), Czech Republic (TV Nova, Nova Cinema, Nova Sport, Fanda, Smichov, Telka and MTV Czech), Romania (PRO TV, PRO TV International, Acasa, Acasa Gold, PRO Cinema, Sport.ro, MTV Romania, PRO TV Chisinau and Acasa Moldova), Slovakia (TV Markíza, Doma, Dajto and Fooor), and Slovenia (POP TV, Kanal A, Brio, Oto and Kino). CME also operates Voyo, the pan-regional video-on-demand service.