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Ringier Axel Springer Media AG

Elena Jasvoin appointed Group Director Finance

Elena Jasvoin appointed Group Director Finance
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Effective March 1, 2016, Elena Jasvoin (37) becomes responsible for Group Finance at Ringier Axel Springer Media AG. She succeeds Emily Kruse (34), who is leaving the company after five years at her own request.

In her role as Group Director Finance, Elena Jasvoin will be responsible for coordinating the financial management of Ringier Axel Springer Media AG and its subsidiaries and will report to Mark Dekan, CEO Ringier Axel Springer Media AG. Controlling, Corporate Treasury, and SAP will report directly to her.

Mark Dekan, CEO Ringier Axel Springer Media AG: "I welcome Elena Jasvoin to our team and wish her much success in her role as Group Director Finance. At the same time, I thank Emily Kruse for her excellent cooperation and major contribution to building our finance organisation. In her role as Head of Group Accounting and later as Group Director Finance, she set up all the structures necessary to enable Group-wide collaboration in this field. It has been a pleasure to work with her over the last five years."

Before joining Ringier Axel Springer Media AG, Elena Jasvoin worked from 2013 as Managing Director and CFO at Zeppelin Systems Russia & CIS, where she established and led the plant engineering business. Prior to this, she held several other executive posts within the same organization, among them CFO for Zeppelin Russia. Beforehand, she worked in various other companies, including Amtel properties development, Metro Cash & Carry, and Ernst and Young. Elena holds an Executive MBA from IMD Lausanne and an MBA Degree from California State University.

Emily Kruse joined Ringier Axel Springer Media AG in September 2010 as Head of Group Accounting and set up and developed the Group accounting department. In 2013, she became Deputy CFO. In January 2015, she assumed additional responsibility as Group Director Finance. Prior to this, Emily gained international financial experience in various assignments at Hugo Boss AG over several years.

About Ringier Axel Springer Media AG

Ringier Axel Springer Media AG was founded in 2010 by the Swiss Ringier AG and the German Axel Springer SE and bundles the activities of both shareholders in Central and Eastern Europe. The company operates in the growth markets of Poland, Hungary, Serbia and Slovakia with a broad range of media services, comprising more than 160 digital and print offerings. The company's registered offices are in Zurich and it employs a total of about 2700 employees.

Press contact:

Alexandra Delvenakiotis
Head of Corporate Communications
Ringier Axel Springer Media AG
Phone +41 44 267 29 14
a.delvenakiotis@ringieraxelspringer.com
www.ringieraxelspringer.com

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