CNBC Europe, a joint venture of NBC Universal and Dow Jones & Company and the leading pan-European financial and business television network, has appointed Mick Buckley President and Managing Director. Effective immediately, Buckley will be responsible for all aspects of operations and strategic initiatives including increasing distribution, expanding locally produced European programming, extending live coverage from the leading European financial centers and developing additional local-language affiliates. Buckley replaces Rick Cotton, who recently was named Executive Vice President and General Counsel of NBC Universal.
“As one of the most experienced executives in pan-European television, Mick brings proven leadership skills to the helm and I’m delighted that he is taking on this role,” said Pamela Thomas-Graham, President and Chief Executive Officer, CNBC. “Through Mick’s contributions, we have made significant progress commercially over the past year, and I look forward to him taking the channel to greater heights going forward.”
Thomas-Graham added: “I would also like to take this opportunity to thank Rick Cotton for his tremendous contribution to CNBC Europe. Under his leadership, the network has dramatically upgraded its on-air presentation, expanded its reach across Europe to 85 million homes, developed programming partnerships with TV channels in Germany, Italy, Turkey, Russia and the Middle East, and built CNBC Europe’s brand recognition throughout the European business and financial communities.”
In this new capacity, Buckley will report to the CNBC International board, which is made up of its 50/50 joint-venture partners, NBC Universal and Dow Jones. Buckley has been with CNBC Europe since March 2003, serving as the network’s Executive Vice President and Commercial Director. During this time, the network has increased its revenue by 30%. In addition, Buckley has worked to increase brand awareness and has been successful in bringing many international brands to the channel for the first time. He also has put in place a strong commercial team across both advertising sales and distribution.
Before joining CNBC Europe, Buckley worked at Turner Broadcasting Systems Europe, where he held a number of senior distribution and sales roles, eventually becoming Executive Vice President of News Networks and UK Managing Director. Buckley started his career in television working for ITV, where he worked for both Carlton Television and Television South West.