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Turner International APAC boss Steve Marcopoto exits after 15 years in the job

Steve TurnerThe boss of troubled broadcaster Turner International Asia Pacific is stepping down after 15 years in the role.

Steve Marcopoto, Turner APAC’s president and MD, is to remain as an advisor until the end of his contract in December before leaving.

“Now is the best moment for the company to put a fresh set of hands in charge,” Marcopoto said in a statement.

The news comes just over a month after the Time Warner-owned company announced a major revamp of its business which will see one in three jobs cut in Asia.

The announcement from Turner:

6 August 2013, Hong Kong – Steve Marcopoto today announced that he will step down as President and Managing Director, Turner International Asia Pacific, at the end of his contract this December. He will remain as a Senior Advisor to Turner International President Gerhard Zeiler, to ensure a seamless transition and provide continuity on current new initiatives.

The succession will be announced in due course.

Gerhard Zeiler, President Turner Broadcasting System International said: “I thank Steve for his outstanding achievements in his 15 years with Turner Broadcasting. Steve has guided Turner Asia Pacific through a period of rapid change. Under his exceptional leadership Turner went from broadcasting two networks in the region to 36 channels today along with a vast variety of digital and off-channel commerce activities. In an increasingly competitive environment, he has maintained our leadership position in news and kids channels, forged entry into new territories and built great partnerships.”

Steve Marcopoto said: “Turner is poised for a great run and now is the best moment for the company to put a fresh set of hands in charge. I am very proud of the growth of our business while I’ve had the privilege of holding this role. I want to deeply thank each member on the team that has made all this happen while maintaining a high-spirited culture of collaboration, innovation and optimism. It feels right to initiate the handover now as I complete 15 years in this job, and I intend to hand over Turner Asia Pacific to my successor in an optimal state.”

Since taking the helm as President and Managing Director in 1998, Steve Marcopoto has overseen the growth of the business in Asia Pacific from the first linear, pan-regional TV channel to a multimedia, multi-language, multi-territory enterprise creating award-winning programmes. Under his leadership, Turner broadcasts 36 channels in 11 languages in 40 countries throughout the Asia Pacific region.

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