Jacques Bughin JOINS MARQUARD MEDIA GROUP

Digital Transformer Jacques Bughin joins the Board of Directors and Bruno Valsangiacomo departs

Jacques Bughin had been with McKinsey from 1992-2019 in various capacities: Partner since 1998 and Senior Partner since 2005. He co-led the Digital Initiative from 1999 to 2002 and has been a Core leader of the Strategy and Corporate Practice since 2004 and led the media practice in 2007. In various capacities he served the McKinsey Global Institute: as a Member of the Knowledge Board since 2014 and as one of the Institute’s three global Directors since 2016. Jacques is an Academic Fellow at Solvay Brussels School Economics & Management.

Jacques has led numerous research efforts on global economic trends as well as on the impact, opportunities, and challenges of technology including big data, the future of work and skills, and AI. He has authored 50+ articles published in titles including Harvard Business Review, and Sloan Management Review, as well as in academic journals and is quoted regularly in leading international media. Jacques holds a PhD from the University of Louvain.

Jürg Marquard, founder, majority shareholder, and Chairman of the Board of Directors of Marquard Media Group AG, comments: “I am very pleased to announce Jacques’s appointment to the Board of Directors. He represents a very timely and unique addition to our board. Under the transformative leadership of Bijan Khezri we have embarked upon a radical path of in-house innovation rather than M&A-led transformation. We are now entering a new phase, and Jacques’ appointment is testimony to our accelerating speed of introducing new and innovative products to the market. Jacques was introduced to our company by board member Bruno Valsangiacomo. Bruno expressed his desire to refocus on the very growth opportunities of his own company and depart from the Marquard Media board. We all would like to thank Bruno for his outstanding contributions and support.”

Jacques Bughin comments: “I am more than delighted to join a very strong team at Marquard Media. The digital reinvention journey that has been put in place lays the foundation for the company’s future growth – one that I have advocated throughout my career. I am delighted to support the team to ensure the success of the scalability potential.  Marquard Media’s legacy is also a tremendous asset to build upon as the company is focusing on gaming, shopping, and IT.”

The Board of Directors of Marquard Media Group AG is now composed of Jürg Marquard, founder, majority shareholder, and Chairman of the Board of Directors; Bijan Khezri, Group-CEO, co-owner, and Delegate of the Board of Directors; Dr. Luka Müller, Founding Partner of law firm MME Legal in Zurich and Co-Founder and Chairman of Sygnum AG, a financial technology company; Thomas Rinderknecht, Senior Partner of Badertscher Rechtsanwälte AG and Board Director of Lindt-Sprüngli AG; Marc Walder, CEO and shareholder of Ringier AG as well as Founder of ‘digitalswitzerland’; and Jacques Bughin.