Reinhard Mohn steps down as Chief Executive Officer.
In 1981, upon turning 60, Reinhard Mohn steps down as Chief Executive Officer and joins the Supervisory Board as Chairman. His successor is Manfred Fischer, formerly the CEO of Gruner + Jahr. Mark Wössner follows in 1983. Wössner initiates a long phase of expansion for the company, with a focus on the international media markets.