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Thomas Rabe (manager)
Thomas Rabe (born August 6, 1965, in Luxembourg) is a German business executive. In 2006, he was appointed to the Bertelsmann executive board, of which he has been chairman and chief executive officer since 2012. Under his leadership, the group has become more international, more digital and more diversified. In particular, he has advanced the business with music rights and the educational division. Additionally, Rabe was appointed chief executive officer of RTL Group in 2019. Early life and education Rabe was born in 1965 in Luxembourg and grew up in Brussels, where his father worked as a civil servant in the European Coal and Steel Community from 1968. He attended the European School and as a youth was a bass player in a punk band. After completing his German baccalaureate (Abitur), Rabe studied Business and Economics at the RWTH Aachen and the University of Cologne. After earning a degree in business administration in 1989, he obtained his doctorate in economics, with a do ...
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Thomas Rabe Bertelsmann 2022 Cropped
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Illinois * Thomas, Indiana * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts, entertainment, and media *Thomas (Burton novel), ''Thomas'' (Bur ...
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Ministry For State Security (GDR)
The Ministry for State Security, commonly known as the (),An abbreviation of . was the state security service of the East Germany from 1950 to 1990. The Stasi's function was similar to the KGB, serving as a means of maintaining state authority, i.e., the "Sword and Shield of the Party" (). This was accomplished primarily through the use of a network of civilian informants. This organization contributed to the arrest of approximately 250,000 people in East Germany. The Stasi also conducted espionage and other clandestine operations abroad through its subordinate foreign intelligence service, the Office of Enlightenment, or Head Office A (german: Hauptverwaltung Aufklärung). They also maintained contacts and occasionally cooperated with West German terrorists. The Stasi was headquartered in East Berlin, with an extensive complex in Berlin-Lichtenberg and several smaller facilities throughout the city. Erich Mielke was the Stasi's longest-serving chief, in power for 32 of the ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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BMG Rights Management
BMG Rights Management GmbH (also known simply as BMG) is an international music company based in Berlin, Germany. It combines the activities of a music publisher and a record label. BMG was founded in October 2008 after Bertelsmann sold its stake in Sony BMG. From 2009 to 2013, the investment firm KKR held 51% of the company, which became one of the world's largest music publishers during that time. BMG is 100% owned by Bertelsmann and one of the group's eight business divisions. The portfolio includes rights in songs and recordings by artists such as Kylie Minogue, Craig David, Avril Lavigne, The Rolling Stones, Tina Turner, The Cranberries, David Bowie, Roger Waters, Iggy Pop, Quincy Jones, Lenny Kravitz Morrissey, 5 Seconds of Summer, KSI, Eraserheads, Rivermaya. and Peter Frampton. History Music at Bertelsmann In the 1950s, Bertelsmann entered the music business when it added music to its book club. Ariola, a record label, was launched and Sonopress, a pressing ...
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Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. , the firm had completed more than 650 private equity investments in portfolio companies with approximately $675 billion of total enterprise value. , assets under management ("AUM") and fee paying assets under management ("FPAUM") were $471 billion and $357 billion, respectively. The firm was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 200 ...
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Groupe Bruxelles Lambert
Groupe Bruxelles Lambert (GBL), is a Belgian holding company invested in various sectors within companies that can be considered marketleaders and in which it can play an active role as a professional shareholder over the long term. In the last few years, the holding largely divested its stakes in the energy sector to turn to sustainable growth company focused on consumer goods or services. The firm is directed by Ian Gallienne. The company had a net asset value of EUR 22.5 billion and a market capitalisation of EUR 15.3 billion at the end of September 2021. GBL invests in both listed and private companies. The company is controlled by Pargesa S.A., which holds 29.13% of the outstanding shares and 44.23% of the voting rights. Pargesa S.A. itself is held jointly by the Power Corporation of Canada (Canada) and Frère (Belgium) groups, providing GBL with a stable and solid shareholder base. Since 1990, the two groups have been bound by a shareholders’ agreement. This agreement, wh ...
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Bertelsmann Music Group
Bertelsmann Music Group (BMG) was a division of a German media company Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America on 1 October 2008. Although it was established in 1987, the music company was formed as RCA/Ariola International in 1985 as a joint venture to combine the music label activities of RCA's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records. It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher, and (since August 2004) the 50% share of the joint venture with Sony Music, which established the German American Sony BMG from 2004 to 2008. Acquisition In March 1998, BMG sold its video game publisher BMG Interactive to Take-Two Interactive, with Bertelsmann taking a 16 percent stake in Take-Two. BMG Interactive published the ''Grand Theft Auto'' video game series. The ...
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Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies hav ...
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Clearstream
Clearstream is a financial services company that specializes in the settlement of securities transactions and is owned by Deutsche Börse AG. It provides settlement and custody as well as other related services for securities across all asset classes. It is one of two European International central securities depositories (Euroclear being the other). Clearstream operates securities settlement systems based in both Luxembourg and Germany, which allow for the holding and transfer of securities. Clearstream operates its International Central Securities Depository (ICSD) from Luxembourg. It is also a joint partner in the Luxembourgish Central Securities Depository (CSD), LuxCSD, together with the Central Bank of Luxembourg. In Germany, Clearstream operates the German CSD, Clearstream Banking AG. Clearstream has links to over 50 domestic markets worldwide, and also issues and safekeeps Eurobonds. In 2014, the value of assets under custody on behalf of customers averaged 12.2 trill ...
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Deutsche Börse
Deutsche Börse AG () or the Deutsche Börse Group, is a German company offering marketplace organizing for the trading of shares and other securities. It is also a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1992. The headquarters are in Frankfurt. As of December 2010, the over 765 companies listed had a combined market capitalization of . On 1 October 2014, Deutsche Börse AG became the 14th announced member of the United Nations Sustainable Stock Exchanges initiative. Company More than 3,200 employees service customers in Europe, the United States, and Asia. Deutsche Börse has locations in Germany, Luxembourg, Switzerland, Czech Republic, and Spain, as well as representative offices in Beijing, London, Paris, Chicago, New York, Hong Kong, and Dubai. FWB Frankfurter Wertpapierbörse (Frankfurt Stock Exchange), is one of the world's largest trading centers for securities ...
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Deutsche Mark
The Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" (). One Deutsche Mark was divided into 100 pfennigs. It was first issued under Allied occupation in 1948 to replace the Reichsmark and served as the Federal Republic of Germany's official currency from its founding the following year. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the o ...
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