Frankfurter Allgemeine Zeitung GmbH

Logo of Frankfurter Allgemeine Zeitung GmbH

Frankfurter Allgemeine Zeitung GmbH (FAZ GmbH) is one of Germany's most significant media companies and operates the Frankfurter Allgemeine Zeitung, one of the country's leading national print and online news outlets. Its portfolio includes the daily FAZ, Frankfurter Allgemeine Sonntagszeitung (Sunday edition), the online news portal FAZ.NET, the magazine Frankfurter Allgemeine Quarterly, as well as podcasts and educational institutions such as the Frankfurter Allgemeine Business School.


The company's media products hold significant economic importance and are recognized as leading media brands with considerable market influence in the German-speaking region. According to company reports, FAZ GmbH employs more than 900 staff members, including approximately 400 journalists and 90 correspondents based in Germany and worldwide. This represents one of the world's largest journalistic networks. Frankfurter Allgemeine Zeitung GmbH operates all media brands associated with FAZ. The company is 93.7% owned by the nonprofit FAZIT Foundation. The remaining shares are traditionally held by publishers, who also determine the publication's editorial direction. According to its statutes, the foundation ensures editorial independence; external influence is structurally restricted. Individual publishers and the publisher collective significantly shape the editorial line.


Historically, FAZ has represented a center-right but pluralistic editorial perspective—the newsroom also employs many non-conservative journalists. The newspaper is valued for its independence and critical distance from politics and commercial interests, though it has taken clear positions on certain issues such as EU copyright legislation in line with industry concerns, which occasionally drew criticism. FAZ GmbH was at times the majority owner of regional media outlets such as Frankfurter Rundschau and Frankfurter Neue Presse but divested these stakes in 2018 to the Hessen Newspaper Holding. In 2021, it formed an advertising market alliance with Süddeutsche Zeitung through the joint venture "Republic." More recently, the company has expanded into digital information products and consumer portals, including the "F.A.Z. Kaufkompass."

Key Facts

Business FormCommercial / For-profit
Legal FormLimited liability Company
Business SectorsMedia, Advertising and Marketing, Comparison Portals, Podcasts, Educational Institutions

Ownership

Individual Owner
Group / Individual Owner
  • Berthold Kohler

    Berthold Kohler is one of four publishers at Frankfurter Allgemeine Zeitung GmbH and holds 1.6% of company shares. According to the articles of association of Frankfurter Allgemeine Zeitung GmbH, publishers must hold a stake in the company to exercise co-determination rights and maintain leverage to safeguard editorial independence. Similar to the structure at the FAZIT Foundation, the supervisory board of Frankfurter Allgemeine Zeitung GmbH appoints new publishers. Upon appointment, a new publisher must acquire a mandatory share in the company and transfer it to his successor without encumbrance when leaving the role. Kohler oversees the politics section and has been with FAZ since 1989. He is the longest-serving publisher in the group, holding the position since 1999.
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  • Carsten Knob

    Carsten Knop is one of four publishers at Frankfurter Allgemeine Zeitung GmbH and holds 1.6% of company shares. According to the articles of association of Frankfurter Allgemeine Zeitung GmbH, publishers must hold a stake in the company to exercise co-determination rights and maintain leverage to safeguard editorial independence. Knop was appointed publisher for digital content in 2020. He completed his traineeship at FAZ and subsequently joined the newspaper's business reporting team, with postings in Düsseldorf, New York, and San Francisco.
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  • Gerald Braunberger

    Gerald Braunberger has been editor and editor-in-chief of the FAZ's business section since 2019, having joined the newspaper in 1988 and shaped its financial reporting as editor-in-chief since 2007. Braunberger is one of four publishers at Frankfurter Allgemeine Zeitung GmbH and holds 1.6% of company shares. According to the articles of association of Frankfurter Allgemeine Zeitung GmbH, publishers must hold a stake in the company to exercise co-determination rights and maintain leverage to safeguard editorial independence.
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  • Jürgen Kaube

    Jürgen Kaube, responsible for the arts and society section, began writing for the FAZ as a columnist early on alongside his university teaching activities, joined the editorial team in 2000, and was appointed publisher of the FAZ in 2014. Kaube is one of four publishers at Frankfurter Allgemeine Zeitung GmbH and holds 1.6% of company shares. According to the articles of association of Frankfurter Allgemeine Zeitung GmbH, publishers must hold a stake in the company to exercise co-determination rights and maintain leverage to safeguard editorial independence.
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Media Outlets

Other Media Outlets

Other Online Outlets

FAZ.net, FAZ der Tag, F.A.Z. Podcast für Deutschland, F.A.Z. Machtprobe, F.A.Z. Wissen - Der Podcast, F.A.Z. Weekly, F.A.Z. Einspruch Podcast

Other Print Outlets

Frankfurter Allgemeine Sonntagszeitung, Frankfurter Allgemeine Quarterly

Facts

Other Media Businesses

Publishing

  • Frankfurter Allgemeine Business Media GmbH (100%)

Audio, Online and Radio Advertising

  • FAZIT Communications GmbH (100%)
  • F.A.Z. Institute for Management, Market and Media Information GmbH (100%)
  • Maincom Telemarketing Services GmbH (100%)
  • REPUBLIC Marketing & Media Solutions GmbH (50%)

Logistics

  • Media Service GmbH & Co. KG (100%)
Founding Year1949

Originally established in Mainz as the successor to Mainzer Allgemeine Zeitung under French occupation, FAZ GmbH and its editorial offices relocated to their current headquarters in Frankfurt in the 1950s.

Founder
  • Wirtschaftspolitische Gesellschaft von 1947 e.V.

    The Economic Policy Society of 1947 e.V. was founded with the aim of developing and implementing forward-looking concepts for post-war Germany. One of its core objectives was to establish an internationally renowned newspaper like the Frankfurter Zeitung, which had been banned by the Nazis in 1943. The society's members were influential figures from Frankfurt's business and civic circles who quickly established close connections with post-war German policymakers, such as Ludwig Erhard. The Mainz General Publishing Company (Mainzer Allgemeine Verlag) soon became a cooperation partner. It contributed its assets and personnel to the organization, while the Economic Policy Society provided the capital stock for Frankfurter Allgemeine Zeitung GmbH.

Employees900
ContactPariser Straße 1
60486 Frankfurt am Main
Germany
Info@faz.net
+49 (0)69 7591-0
https://www.faz.net/
Tax / ID NumberLimited Liability Company Commercial register: HRB 7344 Local Court Frankfurt Am Main) VAT ID No.: DE 114 232 723
RevenueEUR 150.500.000 / USD 162.540.000 (2023)
Operating ProfitEUR 5.100.000 / USD 5.508.000 (2023)
Advertising (in % of total funding)EUR 57.400.000 / 61.992.000 (2023
Executive Board
  • Thomas Breid

    Dr. Thomas Breid is deputy managing director of Frankfurter Allgemeine Zeitung GmbH. He began his career at Siemens and most recently held leadership positions at Radio/Tele FFH GmbH before joining Frankfurter Allgemeine Zeitung in 2020.

Non-Executive Board
  • Carsten Knob

    As one of the publishers of FAZ, Carsten Knop holds a 1.6% stake in Frankfurter Allgemeine Zeitung GmbH, which gives him co-determination rights over the newspaper's editorial and content direction. He spent his entire journalistic career in the newspaper's business reporting section, beginning as a trainee at Frankfurter Allgemeine Zeitung, with postings in Düsseldorf, New York, and San Francisco. He was appointed publisher in 2020.

  • Gerald Braunberger

    As one of the publishers of FAZ, Gerald Braunberger holds a 1.6% stake in Frankfurter Allgemeine Zeitung GmbH, which gives him co-determination rights over the newspaper's editorial and content direction. Braunberger has been publisher and editor-in-chief of FAZ's business section since 2019—a section he has been part of since 1988 and has shaped as responsible editor of financial reporting since 2007.

  • Jürgen Kaube

    As one of the publishers of FAZ, Jürgen Kaube holds a 1.6% stake in Frankfurter Allgemeine Zeitung GmbH, which gives him co-determination rights over the newspaper's editorial and content direction. He studied philosophy, German literature, and art history before completing his degree as a Diplom-Volkswirt (economist). In addition to teaching positions at universities, he began writing early as a columnist for FAZ before joining the editorial staff in 2000. In 2014, he was appointed publisher of FAZ, a role that also made him responsible for the newspaper's influential feuilleton section.

  • Berthold Kohler

    As one of the publishers of the FAZ, Berthold Kohler owns a 1.6% stake in Frankfurter Allgemeine Zeitung GmbH, which gives him a say in the editorial and content direction of the newspaper. After studying political science in Bamberg and London, he joined the FAZ's political department as a trainee in 1989. Following stints as a foreign correspondent in Prague and as head of the political department, he has been one of the publishers of the FAZ since 1999.

     

    Translated with DeepL.com (free version)

Supervisory Board
  • Andreas Barner

    Andreas Barner is chairman of the supervisory board of FAZ GmbH. The supervisory board of FAZ GmbH oversees business operations and appoints the publishers of FAZ. He is also deputy chairman of the FAZIT Foundation, which holds 93.7% of Frankfurter Allgemeine Zeitung GmbH. Previously, he was managing director of Boehringer Ingelheim GmbH. Barner holds a doctorate in medicine and a degree in mathematics.

  • Ullrich Wilhelm

    Ulrich Wilhelm is a member of the supervisory board of Frankfurter Allgemeine Zeitung GmbH. He is also chairman of the board of trustees of the FAZIT Foundation, which holds a 93.7% stake in Frankfurter Allgemeine Zeitung GmbH. He was press spokesman for the Merkel I and II governments (2005-2010), followed by director of Bayerischer Rundfunk (2010-2021) and chairman of ARD (2018-2020).

  • Marika Lulay

    Marika Lulay is a trained computer scientist and CEO of GFT Technologies AG. She also serves on the supervisory boards of Württembergische & Wüstenrot AG and EnBW Energie Baden-Württemberg AG.

  • Stefan Quandt

    Stefan Quandt holds 23.6% of shares in automotive manufacturer BMW. He is deputy chairman of the supervisory board of BMW AG and a member of the supervisory board of US-based company Entrust Datacard.

  • Julia Becker

    Julia Becker is a member of the supervisory board of Frankfurter Allgemeine Zeitung GmbH. She has been publisher of Funke Mediengruppe since 2018. Together with her siblings Nora Marx and Niklas Wilcke, she is a shareholder of the company. She is the granddaughter of Jakob Funke, who founded Westdeutsche Allgemeine Zeitung (WAZ) in Essen in 1948 together with Erich Brost.

  • Feiyu Xu

    Feiyu Xu is an internationally renowned AI researcher and one of the leading experts in this field. She was, among other roles, Global Head of AI at SAP and headed the AI Lab at Lenovo. She serves on the supervisory boards of Siemens Energy, ZF Group, and Airbus. Since April 2025, she has been a professor at the German University of Digital Science.