PRH CFO to Leave the Publisher

Penguin Random House chief financial officer Milena Alberti will leave the company at the end of the year following the conclusion of the merger and the increase of Bertelsmann's shareholding in Penguin Random House. Alberti was with Random House since 2001.

The search for Milena’s successor has already been initiated, and we hope to announce the new CFO in the first quarter of next year. Until then, James Johnston, the current deputy CFO, will lead the finance group and report to CEO Markus Dohle.

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