The move follows a two-year transition-period, announced in September 2015, in which Wolf Bauer and Hofmann have headed Ufa as co-CEOs. As planned, Bauer is stepping down after more than 27 years in charge of Ufa, and will continue to work with the company as a consultant, focusing as a producer on the development and production of high-end film and television projects.
Under Bauer’s leadership, Ufa became Germany’s market leader in program creation and production. The company is the creator and producer of award-winning TV movies, long-running entertainment formats, high-rating daily soaps, numerous primetime series, sitcoms and non-fictional programs, producing 4,500 broadcast hours of shows a year.
Hofmann will assume overall management responsibilities for all operations and units