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Career Moves: October 19, 2006

Authored by dmw on October 19, 2006 - 9:31am.
Bertelsmann has named Richard Sarnoff as President of its new venture-capital fund, Bertelsmann Digital Media Investments (BDMI), that will invest in early-stage companies focused primarily on digital media. Sarnoff, President of Random House’s Corporate Development Group, a division of Bertelsmann, will remain in the company’s New York headquarters, reporting to Bertelsmann CFO Thomas Rabe, and will retain his responsibilities within Random House.
tags: Career | Moves | Bertelsmann | Akamai | Interpublic | BPL |