By Ellen Emmerentze Jervell
FRANKFURT--Bertelsmann SE & Co Friday announced that Chief
Financial Officer Judith Hartmann is leaving the company.
Ms. Hartmann, 45, who joined the German media conglomerate's
Executive Board in 2012, is leaving Bertelsmann, effective Jan. 31,
2015, after a mutual agreement with the Supervisory Board that her
contract shouldn't be extended.
"Judith Hartmann provided essential input for key strategic
milestones in Bertelsmann's transformation into a faster-growing,
more digital and more international company," said Christoph Mohn,
chairman of Bertelsmann's Supervisory Board.
Mr. Mohn said Ms. Hartmann had been instrumental in the
placement of RTL Group shares, and initiated and advanced the
Group-wide Operational Excellence program.
The Supervisory Board will decide on Ms. Hartmann's successor in
due course, Bertelsmann said, and Chief Executive Thomas Rabe will
take temporary responsibility for the financial department until
then.
Bertelsmann also announced Friday that its Supervisory Board is
appointing Immanuel Hermreck, 45, chief human resources officer.
Mr. Hermreck has been executive vice president of human resources
at Bertelsmann since 2006.
Write to Ellen Emmerentze Jervell at ellen.jervell@wsj.com
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