Thomas Coesfeld has been named deputy chief financial officer at BMG, effective Oct. 15. He will assume the role of CFO on April 1, 2021, succeeding Maximilian Dressendörfer, who is taking on new responsibilities at the company.
Since June 2019, Coesfeld has served as chief strategy officer on the executive committee of the Bertelsmann Printing Group, a division of BMG’s parent company Bertelsmann. He also serves as CSO at Mohn Media. In his new role, he will report to BMG CEO Hartwig Masuch and Bertelsmann CFO Bernd Hirsch.
Coesfeld began his career in 2014 as a management consultant at McKinsey in Munich, Germany, where he gained experience in sales and strategy with a focus on the insurance, logistics, and automotive industries. He joined Bertelsmann at the top of 2016 and spent a year working for various subsidiaries, including BMG and Relias in the U.S., as part of the Bertelsmann Entrepreneurs Program (BEP). He moved to Mohn Media in early 2017 and was named CSO there in Nov. 2018.