The Supervisory Board in yesterday’s meeting has appointed Management Board member Stefan Langefeld to the new CEO of PANTAFLIX AG (ISIN: DE000A12UPJ7). He follows Dan Maag, who with immediate effect and by mutual agreement has laid down his Management Board mandate and will henceforth head the Group’s production business as the new Managing Director of PANTALEON Films together with Management Board member Nicolas Paalzow. In the same instance, the Supervisory Board has extended Stefan Langefeld’s mandate by two years until 30 April 2022.
Stefan Langefeld was formerly responsible as a member of the Management Board and COO for the entire digital business of PANTAFLIX AG. In particular, under his leadership, the subsidiary PANTAFLIX Technologies has become an innovative and globally operating provider for the distribution of audiovisual content. In addition to hundreds of rights owners from all over the world, its customers include the US studio Disney and the French entertainment group STUDIOCANAL, which exploit and monetize their content via the digital infrastructure of the VoD platform PANTAFLIX.
Dan Maag, founder and hitherto CEO of PANTAFLIX AG, explains: "With Stefan Langefeld's appointment, we have already in the past year consistently followed our course of rapid and powerful growth with an internationally experienced top management. Stefan Langefeld led the worldwide expansion of the iTunes platform in 60 countries at Apple for 10 years, and since he has been responsible for the digital division at PANTAFLIX, we have taken gigantic steps with him. PANTAFLIX is already one of the leading and most reliable suppliers in this global business. Thus, it is only logical that Stefan Langefeld is now continuing to expand the entire group of companies into a leading digital corporation. With his clear and visionary manner, he enjoys high respect within the Group as well as among customers and partners".
"I am very pleased to initiate the next step in the evolution of this great company. Our global infrastructure is a unique product that we have developed completely in-house, making it a unique asset for our company. Our international teams are highly professional – the prerequisites could not be any better. The combination of production expertise and digital infrastructure also offers unique opportunities and a bright outlook for the future. We will now continue our hard work to achieve this," says Stefan Langefeld, the new CEO of PANTAFLIX AG.
The production areas of PANTAFLIX AG will be aligned to the digital business even more consistently than before. "In everything we do, our first thought must be about the potential in the online sector," summarizes company founder Dan Maag, who will continue to work exclusively as a producer for the company in the future.