Bertelsmann Digital Head Thomas Hesse Resigns

The executive, who headed up corporate development and new businesses at the German media giant, will step down at the end of the year. 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 resig...