Relias CEO and leadership

Kay Krafft is the CEO of the Bertelsmann Education Group. Until early 2014, he was Chief Investment Officer of music rights management company BMG. Kay has been instrumental in setting-up BMG as part of Bertelsmann, selecting and structuring a partnership with investment firm KKR late 2009. Since then, BMG has been built from a start-up to a major player in the music industry through acquisitions as well as the establishment of an international presence. Before joining BMG’s Executive Board, he served as EVP and global head of mergers and acquisitions at Bertelsmann. From 2000 to 2005, Kay Krafft was a partner at professional services firm Deloitte. Other experiences include a period with Clearstream, now owned by Deutsche Börse Group, another with private equity firm BNL (Beteiligungsgesellschaft Neue Länder) and with Treuhandanstalt (agency that privatised the East German enterprises). Kay graduated 1993 in Business Administration at University of Trier and Dublin City University.

Mr. Mike Mutka is a Chief Strategy and Corporate Development Officer at Relias Learning and is based in United States.

Senior executive with 20+ years of experience in product development, product management, strategic planning, start-ups, M&A, and integration, for public and privately held technology companies. Proven ability to build high performance teams. Hired, trained and led product teams that delivered high growth and profitability for SaaS businesses including Relias Learning, Essential Learning, Netsmart Technologies, and InfoScriber. Defined product vision and aligned stakeholders. Created go to market and product strategies, led requirements definition and roadmaps, developed positioning, pricing and packaging.

Led products at Essential Learning and helped scale the business from $500K in revenue in 2006 to $12 million in 2011 with 25% EBITDA. Member of the deal team during the sale to Vista Equity Partners in March 2012, and key leader in integrating that business with Silverchair Learning Systems to form Relias Learning. Led development and launch of the company’s flagship learning management system. In October 2014, after just 2½ years, Vista sold Relias to Bertelsmann, which became the most successful portfolio company sale in the history of the firm. Integrated five highly successful acquisitions since May 2013.

Mr. Mike Mutka is a Chief Strategy and Corporate Development Officer at Relias Learning and is based in United States.

Kay Krafft is the CEO of the Bertelsmann Education Group. Until early 2014, he was Chief Investment Officer of music rights management company BMG. Kay has been instrumental in setting-up BMG as part of Bertelsmann, selecting and structuring a partnership with investment firm KKR late 2009. Since then, BMG has been built from a start-up to a major player in the music industry through acquisitions as well as the establishment of an international presence. Before joining BMG’s Executive Board, he served as EVP and global head of mergers and acquisitions at Bertelsmann. From 2000 to 2005, Kay Krafft was a partner at professional services firm Deloitte. Other experiences include a period with Clearstream, now owned by Deutsche Börse Group, another with private equity firm BNL (Beteiligungsgesellschaft Neue Länder) and with Treuhandanstalt (agency that privatised the East German enterprises). Kay graduated 1993 in Business Administration at University of Trier and Dublin City University.