FT exec replaces IHT's head in Asia/Pacific

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HONG KONG -- Rolf Kranepuhl, the International Herald Tribune's managing director for Asia/Pacific, has decided for family reasons to return to Europe from Hong Kong at the end of this year. Kranepuhl has been with the IHT for more than 17 years in various positions, including worldwide advertising director in Paris, the newspaper's headquarters. He will continue as a consultant to IHT, according to Richard McClean, IHT publisher and chief executive.

Kranepuhl's position of managing director Asia/Pacific will be filled by Terry Damer, who has spent more than thirty years with the Financial Times. Damer has held numerous positions at the FT, including international advertisement director, circulation sales director and U.K. marketing director. As managing director FT Europe, Damer helped set up the FT's international operations in Frankfurt and subsequently opened the FT's Asian printing facilities in Tokyo and Hong Kong. The IHT is currently opening a number of new printing sites in Asia.

Copyright September 1997, Crain Communications Inc.

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