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MAX CONZE TO STEP DOWN AS CEO FROM PROSIEBENSAT.1 27 MAR 2020

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MAX CONZE TO STEP DOWN AS CEO FROM PROSIEBENSAT.1

After the company saw a a tumbling share price drop from more than €14 at the start of the year to less than €7 now, the former CEO will be replaced by Chief Financial Officer, Rainer Beaujean. The broadcaster announced that it would change its strategic focus and concentrate on its efforts for entertainment programming.