Wang previously worked at Bertelsmann Group and Hughes Electronics and received degrees from INSEAD, Johns Hopkins and the College of Staten Island.

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Random House, which is owned by the privately-held Bertelsmann Group , has won the battle to publish one of the most hotly anticipated autobiographies of the political world.

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This week, the group said it will bundle its disparate e-commerce activities into a single entity, to be called Bertelsmann E-Commerce Group.

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Time Warner, The Chernin Group, Bertelsmann, Discovery Communications and Comcast have all invested in companies that create or aggregate YouTube content.

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Andrew Lack , the original CEO of the merged group, was pushed out earlier this year after Bertelsmann publicly complained about him, and he was followed by two other two managers.

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