Investor Relations
Corporate Governance
Metro International S.A. is a Luxembourg limited-liability company
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Metro International, the world's largest and fastest growing newspaper, has appointed Mr. Christian Toksvig as Vice President of Corporate Development
20 March 2008
Mr. Toksvig joins from a position as International Operations Director at Northern & Shell Plc where he has been responsible for the international roll-out OK! Magazine in 16 countries and has served as CEO of the company in North America.
Mr. Toksvig will contribute with his knowledge in this field as part of his responsibilities at Metro International will be launching Metro free newspapers in new franchise markets. VP Jan Sjöwall will continue to do the same and focus on larger potential markets. Mr Toksvig will be reporting to Executive Vice President Steve Nylund.
Per Mikael Jensen, President and CEO of Metro International commented: "I am convinced that one of the ways to future growth for Metro International is to enter new markets where we don't necessarily take equity in the paper but mainly supply our brand, concept and huge base of knowledge of launching and running free newspapers. Looking at our very successful franchise operations in Korea, Mexico and Brazil amongst others, I'm confident that this will be a strong way to expand the Metro network". "Christian Toksvig has an impressive track record in doing exactly that and we look forward to having him on board."
Educated in the United States and Denmark, Christian Toksvig began his media career straight out of business school. For four years he was a journalist with the esteemed Danish business magazine, Monday Morning. In 2000, he took up his first position with Metro International. In 2002 he was hired by Northern & Shell Plc. Since 2004, he has been responsible for the international roll-out of OK! magazine, the world's most successful international celebrity title. Under Toksvig's management the title has launched local editions in 16 countries in three years, a feat unprecedented in the world of international magazine publishing.
For further information, please visit www.metro.lu, or contact:
Steve Nylund, Executive Vice President tel: +44 (0)20 7016 1300
Per Mikael Jensen, CEO and President tel: +44 (0)20 7016 1300
Birgitta Henriksson, IR contact tel: +46 (0)70 812 86 39
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ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest and fastest growing international newspaper in the world. Metro is published in over 100 major cities in 21 countries across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well-educated Metropolitan audience of over 20 million daily readers. Metro International's advertising sales have grown at a compound annual rate of 41% since the launch of the first edition in 1995.
Metro International 'A' and 'B' shares are listed on the OMX Nordic Exchange's Nordic List under the symbols MTRO SBD A and MTRO SBD B.