Carsten Coesfeld |
Effective March 9, Carsten Coesfeld is becoming CEO of DK. For the past seven years, he has worked at the Bertelsmann division Arvato, most recently as president of telecommunications in its supply chain solutions group. He had joined Bertelsmann in 2011 as the management associate for the CEO and worked with Penguin Random House in New York on the corporate marketing team during the merger integration.
In an announcement about the appointment, Markus Dohle, CEO of PRH, to whom Coesfeld will report, said that at Arvato, "Carsten delivered double-digit growth by transforming the business and establishing strategic alliances with the world's leading tech companies, including many of DK's current retailers and partners... Carsten has a proven track record in optimizing operational and supply-chain processes--both of which are essential to the efficiencies and profitability of the DK business. At the same time, he has also demonstrated his skill at identifying and creating new channels and opportunities for business development in companies similarly sized and positioned to DK."
As CEO of DK, Coesfeld will be a member of PRH's Global Executive Committee and will be based in London.
Ian Hudson |
Coesfeld is replacing Ian Hudson, who has been CEO of DK for the past three years and aims "to recharge his batteries before embarking on the next stage of his career," Dohle said. "Already a non-executive director of Which? Limited, Ian plans to consider more non-executive roles and expand his plural work portfolio across media and cultural industries generally." He will help in the transition as needed until the end of April.
Hudson joined Random House in 1992 and has held a variety of positions with the company, helping in the Penguin Random House merger negotiations, and serving as PRH's CEO for the company's international English-language business before joining DK. He was also president of the Publishers Association of the U.K. in 2008-2009.
Dohle praised Hudson for his years of service, saying that his long tenure "has been defined by his delivery of business growth, profit improvement, operational excellence, and consumer orientation."