Current DK ceo Carsten Coesfeld continues to move up the ranks at Bertelsmann, leaving the publisher on June 1 to become ceo of Bertelsmann Investments, reporting to Bertelsmann ceo Thomas Rabe. Coesfeld also joins Bertelsmann’s group management committee, which advises and supports the executive board. A grandson of the late Reinhard Mohn, who built Bertelsmann into a media conglomerate, Coesfeld already sits on the Bertelsmann Foundation board, and has been touted in German media as the Mohn family member who “could one day lead the media giant.” Penguin Random House ceo Markus Dohle said in the announcement, “Under Carsten’s tenure, […]