DEAG Has Fewer On Board

DEAG chief financial officer Dr. Ingo Stein has left the German company to pursue other interests, and his role will be taken over by fellow board member Christian Diekmann.

Diekmann, who has been a member of the board since 2006 and responsible for operations, took up his extra duties Sept. 1.

“Dr. Stein will be moving on to pastures new in Berlin,” said DEAG chief exec Peter Schwenkow, who will continue to head the company’s expansion of its classical and recorded music business as well as the Swiss and U.K. activities.

“I am very grateful for all the work he has done over the past five years, in particular his contribution to restructuring the company.”