A few months after the appointment of a new editor-in-chief, the managing director of the Spiegel publishing house is also changing: the previous publishing director Mario Frank is stepping down at the end of the year, as the German news magazine announced on Friday. The new managing director will be 47-year-old Ove Saffe. He has been publishing director of the Stern Group at Gruner+Jahr since 2004. He already worked at Spiegel-Verlag from 1996 to 2000, most recently as Head of Sales Marketing. In April, Frank lost the confidence of the so-called Mitarbeiter KG, which holds 50.5 percent of Spiegel. Gruner+Jahr, minority owner of the news magazine, subsequently backed Frank, but has now apparently had to give in. According to the Frankfurter Allgemeine Zeitung, there is a good chance that the change at the top of the publishing house will take place before the announced date.

 A few months after the appointment of a new editor-in-chief, the managing director of the Spiegel publishing house is also changing: the previous publishing director Mario Frank is stepping down at the end of the year, as the German news magazine announced on Friday. The new managing director will be 47-year-old Ove Saffe. He has been publishing director of the Stern Group at Gruner+Jahr since 2004. He already worked at Spiegel-Verlag from 1996 to 2000, most recently as Head of Sales Marketing. In April, Frank lost the confidence of the so-called Mitarbeiter KG, which holds 50.5 percent of Spiegel. Gruner+Jahr, minority owner of the news magazine, subsequently backed Frank, but has now apparently had to give in. According to the Frankfurter Allgemeine Zeitung, there is a good chance that the change at the top of the publishing house will take place before the announced date.