CNBC Appoints Max Raven as SVP of International Ad Sales

London & Singapore, 22 June 2015 - CNBC, First in Business Worldwide, has recruited Max Raven as Senior Vice President of International Ad Sales effective today. He will take responsibility for CNBC International sales strategy and operations across Europe, the Middle East, Africa, Asia Pacific and Latin America.

Raven joins at an exciting time for CNBC International, as the network expands its multi-platform commercial offering and develops a range of leading-edge solutions for its C-Suite and investor audience.

He brings substantial and varied commercial experience to the role, garnered with both large media owners and agencies. He spent the bulk of his career at CNN International, part of Turner Broadcasting, latterly in the role of SVP Ad Sales and Deputy GM of Digital. There he drove revenue growth primarily by focusing on sustainable client partnerships and the innovative use of the company's digital properties.

He also held the position of SVP and Group Revenue Director at Hearst, one of the UK's largest consumer and digital publishers. In his early career, he worked at the media agencies Mindshare, J. Walter Thompson and Zenith.

Commenting on the appointment KC Sullivan, President and MD of CNBC International to whom Raven will report said: "We're extremely pleased to bring Max on board to transition our commercial offering to a new level. His extensive background in driving growth through innovation, collaboration and strong team leadership will help cement CNBC's position as the destination of choice for commercial clients".

"I'm excited by the challenge at CNBC International, which has an established and influential audience and client base worldwide. I look forward to bringing fresh perspective and leadership to an already strong sales team", said Raven.

-ENDS-

Contact information:

Finola McDonnell, VP International Communications & Marketing
Telephone: +44 (0)20 7653 5995
Mobile: +44 (0)78 2793 7086
finola.mcdonnell@cnbc.com

Notes to Editors:

With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa and CNBC World, CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide. CNBC also provides daily business updates to 400 million households across China.

CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.