HONG KONG (MAY 31, 2017) – Turner Asia Pacific has announced that Mr. Clement Schwebig has been promoted to Chief Financial Officer, in addition to his current role as SVP, Business Development, Licensing and China.
Mr. Shitiz Jain, SVP Finance, has been leading Turner’s financial growth and planning, as well as assisting the regional management team to maximize financial results across the entire portfolio of Turner’s kids, news and general entertainment brands, and businesses in the region. Jain, who leaves the network on a high, will be pursuing a new opportunity at the end of June 2017.
Schwebig joined Turner Asia Pacific in 2013. Over the last three years, he has successfully led the company’s efforts to grow beyond its core business by creating new local and pan-regional channels, and in developing local content opportunities to further Turner’s presence in the market. He has also led Turner’s growth strategy across the region in the digital space, as well as Turner’s consumer products and location-based entertainment businesses.
Some of his recent notable achievements so far include Warner TV, Cartoon Network Amazone waterpark in Thailand, the acquisition and development of the Tuzki franchise and repositioning Cartoon Network’s consumer product business for growth.
“We are delighted that Clement has agreed to take on the additional responsibilities of CFO. He is a seasoned media executive with substantial experience encompassing all aspects of business operations in TV broadcasting and production, including strategy, finance and sales. With his new responsibilities as CFO, Clément will play an even more active role in shaping the strategy and direction for Turner APAC as it transforms into a data informed, fan-centric media company,” commented Ricky Ow, President, Turner Asia Pacific.
“As a core member of my management team, Shitiz has provided invaluable strategic and financial counsel for the APAC and Turner International executive teams. We are very grateful for the significant contributions he has made, and his help in evolving the business rapidly in order to meet consumer demand and technological change. We wish him success in his next venture,” he added.
“I have truly enjoyed working with Ricky and the Turner team as we worked on transforming the network and developing new opportunities particularly in Kids and Asian entertainment. It has been a great experience,” said Jain.
“With his strong financial acumen and experience combined with his deep understanding our business in Asia Pacific, Clement is ideally suited to lead the finance operations of Turner APAC. I’m confident the financial management of our APAC business will continue to be very well managed in his capable hands and he will make even greater contributions in driving our APAC business forward,” added Trey Turner, Chief Financial Officer, Turner International. “I would also like to express our gratitude and appreciation for Shitiz’s strong leadership of Turner APAC finance operations over the last three years. He leaves us with very best wishes for his future endeavours.”
“I’m grateful for the confidence Ricky and Trey have placed in me. I could not be more thrilled to be working with them and the rest of the Turner APAC team, as we chart new growth and opportunities during this exciting period for the industry,” said Schwebig, CFO and SVP Business Development, Licensing and China.
Oliver.Herrgesell@turner.com / +44 20 7693 1991 / +852 6323 9644
Gregory Ho, Turner Asia Pacific
Gregory.Ho@turner.com / +852 3128-3536
About Turner Asia Pacific
Turner Asia Pacific creates and distributes award-winning brands throughout the region, running 61 channels in 14 languages in 42 countries. These include CNN International, CNNj, CNN, HLN, Cartoon Network, Adult Swim, Boomerang, POGO, Toonami, Warner TV, Oh!K, TNT, TCM Turner Classic Movies, truTV, MondoTV, TABI Channel, and HBO, HBO HD and WB in South Asia. Turner manages the business of Pay- and Free-TV-channels, as well as Internet-based services, and oversees commercial partnerships with various third-party media ventures; it teams with Warner Bros. and HBO to leverage Time Warner’s global reach. Turner Broadcasting System Asia Pacific, Inc. (“Turner Asia Pacific”) is a Time Warner company.