Bertelsmann Digital Head Thomas Hesse Resigns

Thomas Hesse, the executive who helped guide German media giant Bertelsmann in its recent aggressive expansion into the digital world, will be leaving the company. Bertelsmann on Friday confirmed media reports that Hesse would depart, stepping down from his position as president of corporate development and new businesses the end of this year. He will also resign his position on Bertelsmann's executive board, though he will remain a consultant to the board. Hesse will not be replaced on the executive board, the company said. Bertelsmann chairman and CEO Thomas Rabe will take over Hesse's areas of responsibility. Bertelsmann said Hesse

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