Group structure
TX Group is organized as a holding company. The companies Goldbach, 20 Minuten and Tamedia each have their own CEO and are managed independently by their own Management Boards. These report to the Board of Directors at their company, which comprises individual members of the Board of Directors at TX Group AG and other independent third parties. TX Markets segment, with its interests in JobCloud and SMG Swiss Marketplace Group, is also headed by a Managing Director who represents TX Group on the Board of Directors of these holdings. In regards to the majority interests in Doodle and Zattoo, which are combined within the Group & Ventures segment, this role is performed by a member of Group Management at TX Group.
Group Management at TX Group is divided into the areas of Group Operations, Group Communications & Sustainability and Group Development. These areas oversee the holding functions, particularly, the management of interests, and also provide certain services for the companies within the Group. Group Management consists of the persons who head up the areas, in conjuction with the Chairman of the Board of Directors and Publisher.
Thanks to the extensive division of managerial responsibility across the Group functions on one side and of the operational business within the companies and holdings on the other, “checks and balances” and a flat and efficient structure are ensured.