Press release

Giacomo Moletto Appointed as New Managing Director of G+J/Mondadori in Milan

Hamburg, 22 September 2009 –

The shareholders of the Italian joint venture G+J/Mondadori, Gruner + Jahr and Arnoldo Mondadori Editore S.p.A., have appointed Giacomo Moletto, 40, as Managing Director with effect from October 1, 2009. He succeeds Rolf Heinz, who is moving to Paris as the new CEO of Prisma Presse.

After finishing his degree in business, Moletto began his career at The Walt Disney Company in Italy. From 1998 to 2000, he worked as a marketing manager in the Current Events department of Mondadori's magazines division, and in 2001 left to join Bain & Company strategic consultants. He later returned to Mondadori to serve as the publishing director of various magazine groups. At the end of 2006, Moletto took on the position of Managing Director Operations at Mondadori in France. Since December 2008, he has supervised the digital activities of Mondadori's magazines department in France and Italy.

Press enquiries:
Claus-Peter Schrack
Executive Vice President
Corporate Communications
20444 Hamburg
Germany
Phone +49 (0) 40 / 37 03 - 31 13
Fax: +49 (0) 40 / 37 03 - 56 17
E-mail schrack.claus-peterguj.de

Giacomo Moletto