Zanox has announced that current CEO, Philipp Justus, is set to leave the executive board once his term has completed. Zanox is yet to reveal details about who might replace Justus when he leaves on 28 February 2013.
The affiliate network and Justus’ parting of ways is said to be completely amicable. The mutual agreement between the two parties to not extend Justus’ contract will free Justus up so that he might seek a new professional opportunity.
Change in the air
Zanox isn’t the only affiliate network to go through a change at the top. Tradedoubler recently announced a management change of its own. Urban Gillström made way for new CEO and President, Rob Wilson.
Justus is only the second CEO at Zanox. He succeeded founder-CEO Thomas Hessler in 2010. Justus is considered to be responsible for building Zanox up to the industry standing it currently boasts in Europe today. Indeed, Axel Springer financials from earlier this year suggest Zanox is in good shape.
Supervisory Board Chairman, Ralph Büchi, alluded to Justus’ involvement in Zanox’ good fortune. “In spite of unfavourable market trends, Zanox has shown an outstanding performance and Philipp Justus has played a decisive part in this development,” he said.