Brian Cook, chief financial officer of KirchGroup holding company, TaurusHolding has left the company after just nine months.

In a press communique, the holding stated that the resignation had "occurred now in light of the fact that the restructuring of the KirchGroup of companies is increasingly being managed by the insolvency advisors".

Cook, who had only taken up the CFO post at the KirchGroup last July, commented "it has been a very challenging nine months. At the TaurusHolding level, we have been working towards a comprehensive resolution of the group's problems. Now this job will be completed at each of the subsidiaries on a company-by-company basis. I feel that now is the time to take up new opportunities in private equity or investment banking."