BMG leader Thomas Coesfeld has been appointed as the next chairman and CEO of global parent company Bertelsmann, succeeding Thomas Rabe when his contract wraps on Dec. 31, 2026. Coesfeld will officially take over as chairman and CEO on Jan. 1, 2027, marking a generational shift in leadership for the global media conglomerate, the company announced Thursday (Nov. 13).

Coesfeld has served as CEO of BMG since 2023, succeeding longtime chief Hartwig Masuch, and joined Bertelsmann’s executive board in 2024. Before that, he was BMG’s CFO and previously chief strategy officer on the executive committee of Bertelsmann Printing Group. He began his career as a management consultant at McKinsey in Munich.

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