Bertelsmann Prepares to Pick New CEO Bertelsmann is expected to select its new CEO at a meeting later this week. The favorite, the NYT reports, is Hartmut Ostrowski, 48, who runs the company’s powerhouse Arvato division and guides employees to candor with such maxims as, “Put your fish on the table.” One rival is Ewald Walgenbach, 47, who has led the attempted recussitation of the troubled Direct Group. “In a well-timed leak last week, Handelsblatt, the German newspaper, cited anonymous company sources as saying that Mr. Walgenbach’s book club had reaped its first profit before taxes in eight years. But […]