Axel Springer Names Head of U.S. Portfolio

Someone has to oversee all those U.S. businesses.

Now that Axel Springer is the proud owner of Business Insider and a minority owner of Thrillist, Airbnb and Mic, the company has named Jens MĂĽffelmann president of its U.S. operations. This is a new role at Axel Springer.

MĂĽffelman will manage those operations from offices in Berlin, New York and Palo Alto, Calif. He reports to Mathias Döpfner, Axel Springer’s CEO and chairman.

“By creating this new position we want to ensure that we can capitalize on the growth potential in the US market in the best possible way,” said Döpfner, in an announcement.