Judith Hartmann to become new Chief Financial Officer of Bertelsmann

Judith Hartmann (43) is slated to become the new Chief Financial Officer at Bertelsmann. This was agreed by the Supervisory Board of the international media group. She is scheduled to succeed Thomas Rabe as Chief Financial Officer, a position he has held in addition to his new role as Chairman & CEO since the beginning of the year, before the year is out. Hartmann will simultaneously become a member of Bertelsmann’s Group Management Committee (GMC). A native of Austria, she is currently the CFO at General Electric (GE) Deutschland, where her duties include overseeing the Controlling, Accounting, Finance and Business Development Finance departments. Hartmann began her career at Walt Disney in Paris after completing a doctorate in economics at the University of Vienna.

Gunter Thielen, Chairman of the Bertelsmann AG Supervisory Board, said: “In Judith Hartmann, we gain an internationally experienced financial expert for our Executive Board, one who has very successfully demonstrated her skills and strong leadership in a variety of different positions. I am confident that she will enhance the work done by the Executive Board with her proven financial expertise, while providing valuable new impetus.”

Thomas Rabe, Chairman & CEO of Bertelsmann AG, added: “I am delighted that Judith Hartmann will be succeeding me as CFO of Bertelsmann. She is eminently qualified for the tasks required to gradually reshape Bertelsmann in the years ahead. I will work closely with her. At the same time I am very pleased that her appointment means the addition of another woman to the Bertelsmann Board and the GMC. This once again clearly underlines Bertelsmann’s commitment to diversity in its management teams.”

Judith Hartmann is a member of the Global Executive Team at GE and as Chief Financial Officer has borne commercial responsibility for a number of the group’s business units in the past eight years, most recently for its operations in Germany. Prior to this, she held the same position at GE Healthcare Latin America, GE Water Europe, Middle East & Africa and GE Healthcare Clinical Systems at the São Paulo, Brussels, Vienna and Wauwatosa (USA) offices.

About Bertelsmann

Bertelsmann is an international media company whose core divisions encompass television (RTL Group), book publishing (Random House), magazine publishing (Gruner + Jahr), and services (Arvato) in some 50 countries. In 2011, the company’s businesses, with their more than 100,000 employees, generated revenues of €15.3 billion. Bertelsmann stands for a combination of creativity and entrepreneurship that empowers the creation of first-rate media, communications, and service offerings to inspire people around the world and to provide innovative solutions for customers.

For further questions, please contact:

Bertelsmann AG
Andreas Grafemeyer
Senior Vice President Media Relations
Phone: +49 – 52 41 / 80 24 66
andreas.grafemeyer@bertelsmann.de

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