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    Thomas Coesfeld

    CFO @ BMG - The New Music Company

    Thomas Coesfeld is a prominent figure in the music industry, currently serving as the Chief Executive Officer (CEO) of BMG - The New Music Company, a position he has held since July 1, 2023. Prior to his appointment as CEO, Coesfeld was the Chief Financial Officer (CFO) of BMG from April 1, 2021, after initially joining the company as Deputy CFO on October 15, 2020.136

    Professional Background

    • Career at Bertelsmann: Coesfeld began his career at Bertelsmann in early 2016, participating in the Bertelsmann Entrepreneurs Program (BEP), which allowed him to work with various subsidiaries, including BMG and Relias in the U.S..35 Before joining BMG, he served as a member of the Executive Board of the Bertelsmann Printing Group and was the Chief Strategy Officer at Mohn Media in Gütersloh.13

    • Previous Experience: Before his tenure at Bertelsmann, Coesfeld worked as a management consultant at McKinsey & Company starting in 2014. He holds a degree in business administration from institutions in Vallendar, Washington, and Atlanta.35

    Responsibilities and Achievements

    As CFO of BMG, Coesfeld was responsible for overseeing finance, taxes, and controlling within the organization. His strategic leadership contributed to implementing the Bertelsmann Boost strategy aimed at enhancing growth and digital focus within BMG.24 Upon becoming CEO, he has continued to drive initiatives that prioritize the needs of artists and songwriters while focusing on digital revenue streams and new technologies.35

    Coesfeld's leadership is marked by a commitment to innovation and efficiency in music rights management, positioning BMG as a competitive player in the global music market.56

    Highlights

    Thomas Coesfeld appointed to Executive Board of BMG parent ...
    Apr 7 · bertelsmann.com
    Thomas Coesfeld Appointed to Bertelsmann Executive Board
    Mar 26 · Financial Times
    Bertelsmann would consider deal to expand music business BMG, says chief - Financial Times
    Jan 1 · headlinerhub.com
    Thomas Coesfeld to succeed Hartwig Masuch as CEO of BMG
    Thomas Coesfeld - Music Business Worldwide
    Aug 5 · Financial Times
    Bertelsmann Investments to plough $700mn into Chinese start-ups - Financial Times
    May 17 · bmg.com
    INTL: Thomas Coesfeld To Become CEO of BMG Effective July 1, 2023
    Sep 18 · recordoftheday.com
    Thomas Coesfeld appointed Chief Financial Officer of BMG effective ...

    Related Questions

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    Thomas Coesfeld
    Thomas Coesfeld, photo 1
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    Location

    Berlin, Berlin, Germany