Thomas Middelhoff

Thomas Middelhoff "was elected to the Board of Directors of The New York Times Company in 2003.

"Dr. Middelhoff has served as Chief Executive Officer of KarstadtQuelle AG, a German retailer, since May 2005.

"Previously, Dr. Middelhoff served as both the Non-Executive Chairman of KarstadtQuelle AG, which he became in 2004, and a managing director at Investcorp Ltd., the global investment firm, which he joined in 2003. From 1997 to 2002, he was chairman and chief executive of Bertelsmann AG, which he joined in 1986.

"In 1999, Dr. Middelhoff co-founded and participated in Global Business Dialogue for e-Commerce, a worldwide, CEO-led business initiative to assist in the creation of a policy framework for the development of a global online economy. He is also the non-executive chairman of Thomas Cook AG, a German company which is a joint venture between KarstadtQuelle and Lufthansa.

"Dr. Middelhoff serves on the boards of KarstadtQuelle AG and APCOA Parking AG, both German companies. Other companies of which he is a board member are The Polestar Corporation, a British company, and Fitch Ratings, a U.S./U.K. company, which is a wholly owned subsidiary of Fimalac, S.A., a French company.

"Dr. Middelhoff also serves on the board of Bewerbungskomitee Leipzig 2012, the committee supporting the city of Leipzig's application to host the Olympic Games in 2012."