Today the German Publishing Group von Holztbrinck announced that the No. 2 in leadership, Michael Grabner, would step back by mid March - one year earlier than his regular contract was due to expire. According to the company, this move is part of a succession planning along with a stronger alignment of the company group towards the internet. A good read (in German language) is here in the Süddeutsche Zeitung with both the owner and CEO of the company, Stefan von Holtzbrinck, and with the departing Mr. Grabner. His job will be taken over by the 43-year old Jochen Gutbrod, previously Chief Financial Officer at Holtzbrinck.


