The Chief Operating Officer of Democratic Media Holdings (DMH) Wolfram Jauss has tendered his resignation and will be leaving the group officially on December 15, it was confirmed today.
Jauss has served the DMH group for the past 17 years but decided to leave, with suggestions that he intends to venture into private business.
Attempts by The Villager to reach him yesterday were futile, as he was in Germany.
Jauss served as the financial manager of the group for most of his career representing the three daily newspapers at the group, while he also did work for Newsprint, the group’s printing press.
He was made COO shortly after DMH sold 50% of its shares to equity investors Stimulus.