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Aug 27 – Sept 3, 2012 Edition Buchholz Steps Down From Bertelsmann Executive Board
Gütersloh, August 29, 2012 Dr. Bernd Buchholz (50), a member of the Bertelsmann Executive Board and CEO of Gruner + Jahr, has tendered his resignation from his Executive Board mandate to the Supervisory Board of Bertelsmann Management SE, with immediate effect. The Supervisory Board issued a statement saying it regrets this decision, and thanks Bernd Buchholz for the long years of collaboration.
As a majority shareholder, Bertelsmann continues to stand by Gruner + Jahr and supports the further development of the company.
Bertelsmann is an international media company whose core divisions encompass television (RTL Group), book publishing (Random House), magazine publishing (Gruner + Jahr), and services (Arvato) in some 50 countries. In 2011, the companys businesses, with their more than 100,000 employees, generated revenues of 15.3 billion. Bertelsmann stands for a combination of creativity and entrepreneurship that empowers the creation of first-rate media, communications, and service offerings to inspire people around the world and to provide innovative solutions for customers.
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