Bernhard Schneider was appointed to the Board of Directors on June 18, 2007 and elected as chairman on March 27, 2009. Mr. Schneider is a independent member of the Board of Directors. Since 2007, Mr. Schneider has been managing director of Mediaprint Zeitungs- und Zeitschriftenverlag GmbH & Co. KG. From 2005 to 2007, Mr. Schneider was CFO and head of production of Europapress Holding (EHP) in Zagreb, Croatia. From 2003 to 2005 he served as CFO of Sachsenring Zwickau AG, and from 2001 to 2003, he was a member of the management board of Riva Energy AG in Essen, Germany. Between 1992 and 2001, Mr. Schneider worked for Mannesmann, where he held positions as Executive Vice President of Mannesmann Corp in New York, USA, CFO of Mannesmann Haustechnik GmbH in Düsseldorf, Germany, and CFO of Mannesmann Röhren-Werke AG in Mühlheim-Ruhr, Germany. Mr. Schneider holds a Dipl.-Kaufmann Degree from the University of Munich, Germany.