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Milan Stibral reappointed as CTK CEO

12.05.2005


PRAGUE, May 12 (CTK) - The Czech News Agency (CTK) Council has reappointed Milan Stibral as CTK chief executive, its chairman Tomas Vrba told CTK after the election.
Stibral was already appointed in 1993 and 1999. The new six-year term of office begins on June 9.
Vrba added Stibral was appointed unequivocally, that is, by six votes.
"The Council is fully aware that CTK with this management is a stabilised company, an agency with very good reputation both in the Czech Republic and on the international scale," said Vrba.
The other candidates were Jaroslav Ruzek, spokesman for the Ceska rafinerska refinery, Petr Oralek, deputy editor-in-chief at the Mlada fronta Dnes daily, and an unnamed applicant.
Stibral said he wanted the agency to focus on news and not to spread itself too thin.
"Considerable stress should be laid on a constant modernisation of the agency, which means above all multimedia news at the moment," he told CTK.
Stibral has been working at CTK since 1966. In 1997-1998, he was the head of the European Alliance of News Agencies, sheltering more than 30 national press agencies.
Twelve years ago, when Stibral became CTK chief executive for the first time, CTK had 571 staff. In 1999 it had 371 staff and now it employs 381 people.
In 1993, CTK posted a Kc5.8 million loss. It has been in the black since 1997. In 2003, it made profits worth Kc14.8 million. Last year's bottom line has not been made public yet.
Since the beginning of 1996, the agency has not received any subsidies, whether from the state or from elsewhere.

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