Not surprisingly, following the big $540 million acquisition of Relias Learning last year and a number of substantial investments in the field, Bertelsmann has set up the Bertelsmann Education Group as its own business unit. Kay Krafft, who has managed Bertelsmann’s education enterprises since 2014, is ceo of the new group, and Jarek Gabor is cfo. Headquartered in New York, BEG will be managed by Bertelsmann’s Corporate Investments division. Bertelsmann ceo Thomas Rabe said in the announcement (as he has before), “Education is one of Bertelsmann’s key growth platforms, and we want to expand this segment into our third mainstay of business, alongside media […]
