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Bertelsmann, which oversees Penguin Random House, BMG, and RTL, appoints Thomas Coesfeld as CEO; he beat his older brother to run the family-owned business (Laura Pitel/Financial Times)

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Laura Pitel / Financial Times:
Bertelsmann, which oversees Penguin Random House, BMG, and RTL, appoints Thomas Coesfeld as CEO; he beat his older brother to run the family-owned business  —  Thomas Coesfeld, 35, gets nod to run Penguin Random House and BMG owner in early 2027  —  A 35-year-old scion of the family …