Timm Degenhardt will not extend his contract as CEO of German cable operator Tele Columbus, which is scheduled to end on August 31, 2020.
The reason for his decision are changes in the company’s supervisory board, according to Tele Columbus. The supervisory board accepts Degenhardt’s request and plans to appoint a successor in due course.
Degenhardt took up his role as a member of the management board on September 1, 2017 and assumed the position as CEO on January 1, 2018.