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Discovery Communications has announced that Gunnar Wiedenfels will be appointed Chief Financial Officer, with the appointment expected to be effective on or about April 1st 2017. Wiedenfels will join the company from ProSiebenSat.1 Media SE, where he is currently Chief Financial Officer. He will succeed Andrew Warren, who previously announced his plans to depart Discovery. Warren has agreed to extend his contract term to ensure a smooth transition of CFO responsibilities.
“As Discovery continues our rapid growth and diversification in new content and digital platforms around the world, Gunnar is the ideal choice to lead our global finance strategy and organisation,” said David Zaslav, President and CEO of Discovery Communications, to whom Wiedenfels will report. “Gunnar’s international expertise aligns perfectly with our future growth profile, and he brings to Discovery an exceptional reputation in the capital markets, strong industry expertise and a strategic focus to help unlock the value of our investments. He will be a terrific addition to our management team and I look forward to working with him to continue to drive Discovery’s global business.”