NEWS IN ENGLISH | Bernd Hirsch Appointed New CFO of Bertelsmann
Bernd Hirsch Appointed New CFO of Bertelsmann
2016-02-05 08:51:00

Bernd Hirsch (Photo: Bertelsmann)
The Bertelsmann Supervisory Board appointed Bernd Hirsch (45) as the company's new Chief Financial Officer (CFO). Hirsch is scheduled to take up his new position as CFO of the international media, services and education group on April 1, 2016. He will take over responsibility as CFO from Thomas Rabe, who had taken on the role on a transitional basis in addition to his duties as Chief Executive Officer. At the same time, Hirsch will become a member of the Bertelsmann Group Management Committee (GMC).

Christoph Mohn, Chairman of Bertelsmann's Supervisory Board, said: "Bernd Hirsch is an excellent choice for Bertelsmann's Finance department. He has proven his great expertise in all traditional functions of the Finance department, as well as handling numerous M&A transactions and acquisition financing with a volume in the billions. He is also well versed in the practices of the international capital markets. The entire Supervisory Board is delighted that Bernd Hirsch will enrich the Executive Board with his knowledge and that he will play a decisive role in further expanding Bertelsmann's good financial position."

Bernd Hirsch most recently served as CFO at the global supplier of fragrances and flavorings Symrise AG. Since December 2009, his responsibilities at the MDAX-listed company included the accounting, controlling, finance, treasury, investor relations and risk management departments. Prior to joining the Symrise management board, Hirsch worked for seven years at the Carl Zeiss Group. A business graduate, he began his career at the auditing firm Arthur Andersen in Stuttgart. Hirsch is married and has three children.

Source: Bertelsmann