Business News
Marc Schmitz appointed to the executive team of auFeminin.com
Friday 23. July 2010 - Marc Schmitz, 36, has been appointed to the executive team of auFeminin.com, Europes leading womens portal, as International Managing Director.
In addition to his duties as Managing Director of goFeminin.de, therefore, he will assume complete responsibility for the international expansion of the group, effective immediately. Currently, international business accounts for 41 % of the total revenues of auFeminin.com; this share is supposed to be further expanded in the future. Marc Schmitz reports to Marie-Laure Sauty de Chalon, CEO of auFeminin.com.
As Managing Director of goFeminin.de, Marc Schmitz has presided over the establishment and expansion of the portal activities of auFeminin.com in Germany since July 2008. In this position, he is responsible for the online offerings of goFeminin.de, Onmeda.de and bildderfrau.de. Mr. Schmitz, who holds a masters degree in business administration, joined OnVista Media in 2005, where he was in charge of the health portal Onmeda until the company was acquired by goFeminin.de. Prior to that, he worked as a management consultant in the IT sector for several years.
auFeminin.com operates in a total of eleven countries. Axel Springer holds an 82.4 % equity stake in this company, which is headquartered in Paris. The company generated revenues of 19.2 million in the first half of 2010, representing an 41 % increase over the corresponding year-ago figure. At 7.4 million, the earnings before interest and taxes (EBIT) for the first half of 2010 were 85 % higher than the corresponding figure for the first half of last year. In Germany, auFeminin.com operates the websites goFeminin.de, Onmeda.de and bildderfrau.de, among others, as well as the ad-serving solution provider SmartAdserver.