Exec was ousted in December 2003

LONDON — Aat Schouwenaar is set to make a dramatic return to the helm of Endemol, the Dutch TV production company behind “Deal or No Deal” and “Big Brother.”

Former owner Telefonica ousted chief exec Schouwenaar, as well as founder and creative director John de Mol, in December 2003. Now the Mediaset-led consortium that acquired Telefonica’s 75% stake have asked Schouwenaar to lead the company once more, replacing Elia Rodriguez.

Schouwenaar is currently chair of the supervisory board at Talpa Media, a company owned by De Mol, who also is a member of the consortium, alongside Goldman Sachs.

The consortium is bidding to purchase the final 25% stake, and told shareholders at an extraordinary meeting on Monday that they have until 3 p.m. on Aug. 3 to tender their shares to the offer.

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