The Electronic Retailing Association

Industry News HSE24: a new Strategic Partnership in the Middle East and Changes at the Top

HSE24 and the Middle East Broadcasting Center (MBC) have signed a joint venture agreement

HSE24 Group and MBC Group Establish Joint Venture

Omnichannel retailer and Arab Satcaster agree on strategic partnership to form a home shopping company in the GCC

Ismaning, March 2, 2017 - The HSE24 Group and the Middle East Broadcasting Center (MBC), the largest private media company in MENA region (Middle East & North Africa), have signed a joint venture agreement to establish a home shopping company in the Gulf Cooperation Council (GCC).

The new company is to be based in Dubai. HSE24 will hold a 65% stake in the company while MBC Group will hold a 35% stake in the company.

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Sonja Piller, the new CEO of HSE24

Change in Top Management of HSE24 - Sonja Piller to Become CEO; Richard Reitzner to Become Active Chairman of the HSE24 Group

Ismaning, January 20, 2017 - Sonja Piller will be the new CEO of HSE24. This means that she is the first woman to head the home shopping company based in Ismaning.

On February 1, 2017, she succeeds Richard Reitzner who, at his own request, will move from an operational role on the Board of Managing Directors to the Group’s Advisory Board over which he will preside as Active Chairman after more than 20 successful years at HSE24.

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Paolo Iacono, new CEO HSE24 Italy

Paolo Iacono to become CEO HSE24 Italy

Rome, February 1, 2017 - On February 1, 2017, Paolo Iacono will become CEO of HSE24 Italy. He succeeds Nicola Gasperini, who left the wholly owned subsidiary of the HSE24 Group at the end of November 2016 to take on new professional challenges.

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HSE24: James Tita promoted to EVP International Projects & Operations

Ismaning, March 1, 2017 – HSE24 is adjusting the corporate structures in its International business: James Tita will take over as EVP of International Projects & Operations with effect from March 1, 2017. In this newly created role, Tita, who was born in the USA, will be responsible for the systematic development of the HSE24 Group's foreign markets.

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Dr. Konrad Hilbers, HSE24 Group Advisory Board member.

HSE24: Dr. Konrad Hilbers Resigns as Chairman of Advisory and Supervisory Boards

Ismaning, March 14, 2017 – Dr. Konrad Hilbers has handed over his function as Chairman of the Advisory Board of the HSE24 Group and Chairman of the Supervisory Board of Home Shopping Europe GmbH to the former HSE24 CEO Richard Reitzner. Dr. Konrad Hilbers remains with the omnichannel retailer as Advisory Board member.

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