The media group Axel Springer is expanding its board of directors to five members.

Two new women join them.

Stephanie Caspar is leaving the board for this.

She was previously responsible for the Internet classifieds segment and was one of the supporters of the former "Bild" editor-in-chief Julian Reichelt.

She is leaving Springer on July 31 "by mutual agreement," it said on Saturday evening.

The media magazine “Medieninsider” first reported on it.

The manager Ulrike Handel is new to the committee as responsible for the national media business with the brands "Bild" and "Welt" as well as Niddal Salah-Eldin for the new area "Talent & Culture", as the media group announced in Berlin.

Salah-Eldin is currently responsible for the in-house academy at Springer, which combines the training of journalists and so-called tech talents, and was deputy editor-in-chief of dpa from 2019 to 2021.

"Rejuvenated Board"

In addition to the new members and the CEO, Mathias Döpfner, the board will then include Jan Bayer, who will be appointed as deputy and will promote business in America, and Julian Deutz, who will be responsible for finance and human resources.

The Chairman of the Springer Supervisory Board, Ralph Büchi, said according to the announcement: "With the expansion of the Executive Board, Axel Springer can continue the successful growth course after the last acquisitions in the USA." Springer boss Döpfner added: "I look forward to the next development phase of the company company with an enlarged and rejuvenated board of directors.” Jan Bayer will be based in the United States for at least one year starting in the summer.

He was previously responsible for all media brands, both nationally and internationally.

Recently it became known that after the purchase of US media brands, including the important brand "Politico", Springer is focusing on America with a restructuring of the board.

Springer called the deal in October 2021 its largest company takeover in the company's history.

Springer wants to grow faster in its digital business and entered into a strategic partnership with the American financial investor Kohlberg Kravis Roberts (KKR) in 2019.

With around 16,000 employees worldwide, Springer withdrew from the stock exchange in 2020.

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