Monday, June 21, 2021
Resignation of the head of the family
Liz Mohn is leaving the Bertelsmann Foundation
A few days ago, the Bertelsmann Group announced that Liz Mohn was handing over the family spokesperson’s office to her son. Now, the 80-year-old has also relinquished her position on the Bertelsmann Stiftung Executive Board. However, the head of the family remains with the non-profit organization in a different job.
On her 80th birthday, Lise Mohn will step down from the Bertelsmann Stiftung Executive Board. The Foundation announced this with reference to the applicable laws and the minimum age specified therein. According to the announcement, Liz Mohn will remain with the foundation as a global actress. Additionally, she remains an honorary member of the Board of Trustees.
The foundation declared “International understanding and economic issues with a focus on contemporary management and cultural enterprise – topics to which Lise Mohn has long been committed will be assembled in the future at the new Liz Mohn Center of the Bertelsmann Stiftung”. With their daughter Brigitte Mohn, the family will continue to be represented on the foundation’s board.
On June 11, Bertelsmann announced that Lise Mohn would hand over the position of family spokeswoman at Bertelsmann Management Company to her son Christoph Mohn. There she represented the interests of the shareholders of the Bertelsmann Foundation and the Family. The institution was founded in 1977 and is family owned (about 20 percent) of the Bertelsmann Group.
In 2020, more than 363 employees worked in the enterprise. Last year, 74 million euros poured into various projects. With more than 132,000 employees worldwide, the Bertelsmann Group generated sales of about 17.3 billion euros in 2020. In addition to the Penguin Random House, the group includes the television group RTL Group, Hamburg magazine publisher Gruner + Jahr, music company BMG and service provider Arvato.