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HARTMUT OSTROWSKI<br />

Chairman and CEO, Bertelsmann AG<br />

EDITORIAL<br />

Dear Readers,<br />

Bertelsmann’s “legacy for our future“ was written by people, chapter<br />

by chapter, over the course of 175 years. It was written by generations of<br />

entrepreneurs, led by Reinhard Mohn. The high level of trust he<br />

placed in his staff laid the foundations for our company’s decentralized<br />

culture and structure, for the delegation of responsibility, and for the<br />

freedom that we enjoy to this day. This freedom has made Bertelsmann<br />

great, and it has given rise to the entrepreneurs who make up our<br />

company. Indeed, our company’s success story is in many ways the sum<br />

of many individual stories.<br />

My own Bertelsmann story, for example, reads as follows: At the age<br />

of 25, only a year after starting as an assistant, I assumed responsibility<br />

for 50 employees. I worked my way up the career ladder, step by step,<br />

until I was named CEO a little over two years ago. And all of this happened<br />

because a job advertisement with a simple yet compelling<br />

heading caught my eye: Entrepreneurial talent sought.<br />

Many people have been inspired by this message in recent years and<br />

decades. They have recognized and – more importantly – taken advantage<br />

of the freedom Bertelsmann offers, freedom that they would not<br />

have found anywhere else. Entrepreneurs like Fritz Wixforth,<br />

Monti Lüftner, Herbert Multhaupt, Suzanne Herz, Helmut Thoma,<br />

Axel Ganz, Hans Meinke and Annabelle Long are all part of the history of<br />

Bertelsmann, and their stories are found in this special supplement to<br />

the 2009 annual report. Together with many others in the past, present<br />

and future, they make up the unique spirit of Bertelsmann: the spirit<br />

that Reinhard Mohn once breathed into this company and that will<br />

continue to live on long after his death.<br />

I am confi dent that in keeping with our central theme of “175 Years of<br />

Bertelsmann –The Legacy for Our Future,“ we will fi nd<br />

inspiration for upcoming tasks and new ideas in our corporate history.<br />

During the past six decades, Bertelsmann has often shown the courage to<br />

take unusual and risky steps – especially in the face of diffi culties. Some<br />

of these steps have led to milestones in the Group’s history. But when<br />

they were fi rst being explored, their success was far from certain. And,<br />

indeed, not every new fork in the road led to the desired result.<br />

I am proud to lead a Group with such an exemplary corporate<br />

culture. I would like to invite you to take a short break and scroll<br />

through some high points of the company’s history – and then to look<br />

forward again, into a successful future.<br />

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