Peter Kuisle, member of the executive board, is to leave manroland web systems GmbH by March 31, 2013. Kuisle has been responsible for sales, service, and marketing and has been managing director of Eurografica GmbH for many years. He will take a new professional challenge. “The executive board and the staff members would like to thank Peter Kuisle for his commitment and active support in our successful business development,
Board of directors of HT Media Ltd has ‘in principle’ approved the sale of its 51 percent stake in HT Burda Media Ltd for Rs 60 crore. A term of sheet has been signed to this effect. The decision follows the strategic review of HT Media’s long term plans. The sale will be valued accretive to HT Media as the gross margin in the printing business is far lower when compared with the print media business.