FremantleMedia has announced that Nico Hofmann will take on the role of sole CEO of German film and television production company UFA Group with immediate effect. This move follows a two-year transition-period, announced back in September 2015, in which Wolf Bauer and Hofmann have headed UFA as Co-CEOs.
Hofmann will assume overall management responsibilities for all operations and units within UFA, working closely with FremantleMedia’s global network, including its worldwide production units and licensing and sales operations. He will continue to report into Cecile Frot-Coutaz, CEO of FremantleMedia Group, and will remain on FremantleMedia’s Operating Board.
As planned, Bauer is stepping down after more than 27 years in charge of UFA, and will continue to work with UFA as a consultant, focusing as a producer on the development and production of film and television projects.
Frot-Coutaz commented: “Nico and Wolf have managed a smooth and successful transition, during which time UFA’s market position and global reputation have grown even further. Nico is one of Europe’s most visionary and respected drama producers and will – in this, its 100th anniversary year – take UFA to even greater heights. I would like to thank Wolf for his phenomenal contribution to UFA and to the industry as a whole, and to say how delighted I am that we will continue to benefit from his creativity and flair as he embarks on the next stage of his career.”