Bertelsmann c.f.o. Hartmann departs

Bertelsmann’s chief financial officer Judith Hartmann will be leaving the company at the end of January 2015.

C.e.o Thomas Rabe will take interim responsibility for the financial department until the Supervisory Board decides on Hartmann’s successor.

Hartmann joined the Bertelsmann Executive Board on in October 2012.

Christoph Mohn, chairman of the Supervisory Board of Bertelsmann, said: “The Supervisory Board regrets Judith Hartmann’s departure and wishes her all the best for her personal and professional future. On behalf of all Supervisory Board members, I would like to sincerely thank her for her excellent and successful work.”

He added: “Judith Hartmann provided essential input for key strategic milestones in Bertelsmann’s transformation into a faster-growing, more digital and more international company. She has been instrumental in the successful placement of RTL Group shares, and initiated and advanced the Group-wide Operational Excellence program. Bertelsmann is on a very solid financial foundation and is excellently equipped for its future development.”