Penguin USA ceo David Shanks has written to clarify the allegation from legal documents in September we referenced yesterday to a plan for him to step down in early 2014, now vowing to stay on as Penguin faces their merger with Random House. “I find the potential for this venture to be so exciting that I want to state for the record that, as of this time, I have no intention of leaving publishing any time soon,” Shanks writes. The previous report referred to “an internal succession plan that assumed that this scenario would occur if a certain set of circumstances […]
