Börse Express – ROUNDUP: Bertelsmann CEO, Rabe takes over the management of the RTL Group



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CEO of Bertelsmann, Thomas Rabe
assumes the management of the important subsidiary RTL
Group. He gets Bert Habets in the head of
Largest television company in Europe for personal reasons
resigned, as the company announced on Monday in Luxembourg.
Rabe remains in Bertelsmann's personal union.

Habets had in place after the withdrawal of Anke Schäferkordt
for two years at the head of the RTL Group – initially
as part of a double tip, later alone.

With change of leadership no strategy change is connected, said
Crow of the German Press Agency. The manager wants your step
quite understood as a signal of continuity at the peak of RTL
I know the company very well, I know that
people, the strategies, but also the
Challenges, "said Rabe, adding that he has been in the group for nearly 20 years.
For many years, it was five years alone there
Chief Financial Officer and since 2012 Head of the Board of Directors.

Right now, the RTL Group with 6.5 billion euros
Record sales for 2018 reported. In RTL transformation
Group wants to define Rabe the same priorities as its predecessor:
This included strengthening the core businesses on TV and
Radio area, development of local streaming offers and expansion
advertising technology companies.

"I'm not friends with temp," Rabe said. And so it is
this is a permanent solution. "Such a thing is only in times
major strategic challenges of change
Important TV market. Rabe will be supported by Martin in the future
Taylor as the new Chairman of the Board of Directors and his
Mr James Singh.

"RTL Group is the most important in terms of sales and earnings
Division of Bertelsmann, "said Christoph Mohn,
Chairman of the Supervisory Board of Bertelsmann, with. In this respect, it is very
to say that Rabe now takes the lead.

Investors reacted cautiously to the stock market news. O
RTL stock price fell briefly for a short time, but recovered
fast again.

The RTL Group, based in Luxembourg, has 75.1 percent
the Bertelsmann media group and involved in 60 television stations
and 30 radio stations in Europe, as well as production companies
all around the world. In Germany, these are RTL, RTL II, Super RTL, n-tv and
Vox./fld/DP/elm

    ISIN LU0061462528

AXC0186 2019-04-01 / 14: 14

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