Reinhard Mohn transfers his votes to the BVG.
In 1993, Reinhard Mohn had already transferred the majority of shares in Bertelsmann AG to the Bertelsmann Stiftung foundation.* To ensure the company’s continuity and independence from external factors, on 1 July 1999 he transferred his voting rights to the Bertelsmann Verwaltungsgesellschaft (BVG). Today, the BVG controls 100 percent of the voting rights in the General Meeting of Bertelsmann SE & Co. KGaA and Bertelsmann Management SE. Its shareholders are currently three representatives of the Mohn family and three other, elected, persons.