You can use a ContentControlOnExit macro coded as:
Code:
Private Sub Document_ContentControlOnExit(ByVal CCtrl As ContentControl, Cancel As Boolean)
Dim t As Long
With CCtrl
If .Title <> "QMS 2015" Then Exit Sub
If .ShowingPlaceholderText = True Then Exit Sub
t = .Type
.Type = wdContentControlText
With .Range
.Text = Split(.Text, " ")(0) & " " & Split(.Text, " ")(1)
End With
.Type = t
End With
End Sub