Deniz Pielsticker Appointed as New CFO of Bertelsmann Investments
Deniz Pielsticker, currently Head of Central Controlling and Strategy at Bertelsmann’s Corporate Center, will become the new Chief Financial Officer (CFO) of Bertelsmann Investments. He will take up his position with effect from January 1, 2023 and succeeds Jörn Caumanns, who left the company in August at his own request.
Carsten Coesfeld, CEO of Bertelsmann Investments, says: “I very much look forward to working even more closely with Deniz. I have always greatly appreciated his analytical strength. He has excellent knowledge of the Group portfolio and also has a large network within the company. Together, we will further develop the investment portfolio and build new high-growth businesses for Bertelsmann with Bertelsmann Next.”
Deniz Pielsticker studied business administration at the University of Münster and at the London Business School. He joined Bertelsmann in 2011, taking on various controlling and strategy tasks in Group and subsidiary controlling in the Corporate Controlling and Strategy department. From 2015, he headed the Corporate Controlling team. In this role, he supervised strategic controlling of the Group’s portfolio and supported the further development of the Group’s strategy. In August 2019, he took over the overall management of Bertelsmann’s Corporate Controlling and Strategy department.
In his new position as CFO of Bertelsmann Investments, Deniz Pielsticker will report directly to Carsten Coesfeld, CEO of Bertelsmann Investments.
About Bertelsmann Investments
Bertelsmann Investments (BI), Bertelsmann’s global venture capital arm, comprises four funds: Bertelsmann Asia Investments (BAI), Bertelsmann India Investments (BII), Bertelsmann Brazil Investments (BBI), and Bertelsmann Digital Media Investments (BDMI). BI also participates in selected funds, e.g. in Southeast Asia and Africa. The Bertelsmann Next division drives the entrepreneurial development of new growth sectors and business areas, including digital health, with a focus on the U.S. market. To date, around €1.5 billion has been invested in more than 400 innovative companies and funds through Bertelsmann Investments. Bertelsmann Investments (BI) is expanding its start-up and fund network to over 300 active investments.