Detlef Kornett, CEO of AEG Germany, will leave the company Dec. 31.

At the same time AEG will integrate Kornett's German business areas in Berlin directly into the worldwide structure. There will be no successor for Kornett.

"The office in Berlin will continue to develop and do the marketing of the Berlin O2 world with 17 employees. No lay-offs are planned," Moritz Hillebrand, director communication, Anschutz Entertainment Group Development in Berlin tells

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