Bertelsmann Chairman & CEO Thomas Rabe Additionally Appointed CEO of RTL Group
The Bertelsmann Supervisory Board supports the RTL Group Board of Directors' decision to appoint Thomas Rabe Chief Executive Officer of RTL Group as of today. Thomas Rabe will also remain Chairman & CEO of Bertelsmann.
Christoph Mohn, Chairman of the Bertelsmann Supervisory Board, emphasized: “RTL Group is Bertelsmann's most important division in terms of revenue and profit. In this respect the Supervisory Board very much welcomes the fact that Thomas Rabe will take over the management of RTL Group following the resignation of Bert Habets. At the same time, Thomas Rabe will remain Chairman & CEO of Bertelsmann. Under his leadership, Bertelsmann is making excellent strategic and business progress.”
Bertelsmann is a media, services and education company that operates in about 50 countries around the world. It includes the broadcaster RTL Group, the trade book publisher Penguin Random House, the magazine publisher Gruner + Jahr, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments, an international network of funds. The company has 117,000 employees and generated revenues of €17.7 billion in the 2018 financial year. Bertelsmann stands for creativity and entrepreneurship. This combination promotes first-class media content and innovative service solutions that inspire customers around the world.