Swiss marketplace company TX Group has announced a review of its organisational structure.
From January 1, 2022, TX Group will be organised around three divisions - Operations, Communications and Sustainability and Development. The company said this will reduce interfaces and simplify the organisation.
Samuel Hügli will focus on entrepreneurial activities and leave the Group Executive Board, which in future will consist of Sandro Macciacchini (Chief Operating Officer), Ursula Nötzli (Chief Communications and Sustainability Officer) and Daniel Mönch (Chief Strategy Officer) headed by Publisher and Chairman Pietro Supino
In November 2021, the merger of the Swiss marketplaces into the SMG Swiss Marketplace Group marked an important step. The companies managed within the Group - Tamedia, 20 Minuten and Goldbach - are continuing to invest in the transformation to consolidate their strong market position.
Samuel Hügli, currently responsible for group-wide Technology and Ventures, wants to return to entrepreneurial activities. He will step down from the Group Executive Board. From an organisational perspective, Technology and Ventures will be restructured and merged with Operations and Development.
Hügli has driven the technological development and digitalisation of the Group and its companies, making these an integral part of TX. Further development remains a priority for the companies, who can count on the expertise of the Group’s specialists to do so.
He has also restructured and focused the Ventures area, professionalising it with the introduction of the Investment Committee. He remains Chairman of the Board at Doodle and Zattoo in which the TX Group holds a majority interest.
Pietro Supino, Publisher an Chairman, explained: “As a member of the Group Executive Board and Head of Technology & Ventures, Samuel Hügli led the digital transformation of the Group to the point that it has become an integral part of operations at TX and at our companies."
"That was always his declared objective. Samuel now wants to focus on entrepreneurial tasks once again and, as Chairman of the Board of Directors, will continue the success stories of Doodle and Zattoo together with the management team as well as tackle new business initiatives."
"On behalf of the Board of Directors and Group Executive Board, I would like to thank him for his significant contribution to the development of the Group and I look forward to continuing our collaboration.”
From January 1, Daniel Mönch and Ursula Nötzli will become members of Group Executive Board.
The TX Group is a network of platforms that offers users information, orientation, entertainment and assistance for their daily lives. Its roots lie in journalism with Tamedia’s diverse newspapers and the commuter media offered by 20 Minuten. The portfolio is supplemented by the advertising marketer Goldbach.
It is the anchor shareholder of the SMG Swiss Marketplace Group and of Jobcloud, holds majority interests in Doodle and Zattoo and is involved in the area of fintech as a venture investor.
The company, established in 1893, has been listed on the Swiss stock exchange since 2000.