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    1. Home
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    3. >Bertelsmann family member Thomas Coesfeld pips brother to top role
    Headlines

    Bertelsmann Family Member Thomas Coesfeld Pips Brother to Top Role

    Published by Global Banking & Finance Review®

    Posted on November 13, 2025

    2 min read

    Last updated: January 21, 2026

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    Bertelsmann family member Thomas Coesfeld pips brother to top role - Headlines news and analysis from Global Banking & Finance Review
    Tags:Appointmentmanagementfinancial community

    Quick Summary

    Thomas Coesfeld is appointed CEO of Bertelsmann, effective January 2027, succeeding Thomas Rabe. Clément Schwebig will lead RTL Group.

    Table of Contents

    • Leadership Changes at Bertelsmann
    • Background of Thomas Coesfeld
    • Impact on Bertelsmann's Future
    • Clément Schwebig's Role in the Company

    Thomas Coesfeld Named CEO of Bertelsmann, Surpassing Brother

    Leadership Changes at Bertelsmann

    (Reuters) -Bertelsmann has appointed family member Thomas Coesfeld as its new chief executive from Jan. 1, 2027, the company said on Thursday, ending speculation over whether he or his brother would take the top role.

    Background of Thomas Coesfeld

    Coesfeld, 35, is the grandson of company patriarch Reinhard Mohn. He will be the first head of the company appointed from within the family since 1981 when he replaces Thomas Rabe, who will step down after 15 years. Coesfeld is currently boss of the company's music business, BMG, a role he has held since 2023.

    Impact on Bertelsmann's Future

    The appointment brings to an end months of industry chatter about whether Coesfeld or his older brother, Carsten Coesfeld, would take on the CEO role, or whether they would jointly take the top spot. Rabe announced his planned departure in March 2024.

    Clément Schwebig's Role in the Company

    Both brothers have been part of the executive board of Bertelsmann, whose businesses also include Penguin Random House, since 2024.

    "Over the past ten years at Bertelsmann, I have come to know Thomas Coesfeld as an entrepreneurial manager," said Christoph Mohn, chairman of Bertelsmann's supervisory board. 

    "He has taken the BMG music business to a significantly higher level of revenue and earnings in recent years and aligned it even more consistently with the streaming era," Mohn added.

    SCHWEBIG TO BECOME CEO OF RTL GROUP

    As part of a broader revamp, the company also said that Clément Schwebig will join the Bertelsmann executive board next May as the future CEO of RTL Group.

    Schwebig, 48, will also be replacing Rabe, who became CEO of RTL in 2019.

    Schwebig previously worked for RTL from 2002 until 2013, before moving to positions in Asia for Time Warner/Turner and Warner Bros Discovery. He most recently held the role of president & managing director at Warner Bros Discovery's western Europe & Africa business.

    (Reporting by Klaus Lauer, Writing by Bernadette Hogg; Editing by Matt Scuffham)

    Key Takeaways

    • •Thomas Coesfeld named CEO of Bertelsmann starting January 2027.
    • •Coesfeld is the first family member to lead since 1981.
    • •Clément Schwebig to become CEO of RTL Group in May.
    • •Thomas Rabe steps down after 15 years as CEO.
    • •Leadership changes signal a new era for Bertelsmann.

    Frequently Asked Questions about Bertelsmann family member Thomas Coesfeld pips brother to top role

    1What is a supervisory board?

    A supervisory board is a group of individuals elected to oversee the activities of a company, ensuring that the management acts in the best interests of shareholders and stakeholders.

    2What is a family business?

    A family business is a commercial organization owned and operated by members of the same family, often passed down through generations, with family members involved in management and decision-making.

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