Simon & Schuster vp, business information and data operations Helene Green died Tuesday after a long illness. She began her publishing career at Macmillan in 1987 and joined S&S’s children’s division, responsible for inventory, in 1994 upon the acquisition of the company (which owned Scribner), after which she moved over to the supply chain division. Green also represented S&S on various AAP and BISG committees. VP, business operations Frank Nunez said: “Helene will be remembered as a consummate colleague: knowledgeable, passionate about the work we do and eager to do a good job, loyal to her staff and a great teacher to […]
Gowda Sells Remaining Books-A-Million Stake
Late Friday Books-A-Million reported to the SEC that it agreed to repurchase the remaining 304,000 common stock shares held by Harsha Gowda at $2.15 a share a day after buying back 655,596 shares for the same per share price. Despite reducing the company’s float by about 6.5 percent, BAMM shares have declined, trading between $2.02 and $2.07 a share. Gowda, who runs BlueShore Global Equity Fund, told us: “I wish Books-a-Million management the best and I see them managing the decline in physical book retail successfully. My sale was primarily to pursue other investments for my Fund.”
People, Etc.
President and director of paperback sales at Penguin Norman Lidofsky will retire at the end of 2014 after more than 32 years with the company. In a staff memo, Penguin Random House president and coo Madeline McIntosh praised Lidofsky’s “sales leadership, book passion, and dedication” and called him “a generous and thoughtful colleague, an inspiring leader, and above all—a consummate salesman working unceasingly in support of Penguin’s books, authors, and publishers.” McIntosh added: “[Lidofsky] has led the way in building the trade paperback program into an industry force… He has helped to keep Penguin Classics vibrant, sustaining its presence as one of […]
LANDLINE by Rainbow Rowell Tops July Library Reads List
Rainbow Rowell’s novel LANDLINE, her first for adults, leads off July’s Library Reads list. #1 Indie Next Pick for July THE QUEEN OF THE TEARLING by Erika Johansen; Stephen Colbert-anointed debut novel CALIFORNIA by Edan Lepucki, and ONE PLUS ONE by Jojo Moyes, an excerpt of which you can start reading right now in our Spring/Summer Buzz Book, also appear on the list, which also includes: THE BLACK HOUR, by Lori Rader-Day CLOSE YOUR EYES, HOLD HANDS, by Chris Bohjalian WORLD OF TROUBLE, by Ben H. Winters DOLLBABY, by Laura McNeal THE MOCKINGBIRD NEXT DOOR: Life With Harper Lee, by […]
People
After nine months as interim head of Columbia University Press, Jennifer Crewe has officially been named as president and director. Provost John Coatsworth said in the announcement: “Jennifer’s notable strengths as an editor and administrator, as well as her deep understanding of the Press’ history, made her the clear choice of the faculty-led search committee. She has taken steps to increase the reach, visibility and effectiveness of the Press, developed new strategies to expand capacity and improve book schedules, and negotiated an agreement for the Press to distribute Woodrow Wilson Center books.” She has worked at the Press for 28 years. […]
Books-A-Million Buys Back Shares From Investor Gowda
Books-A-Million noted in a filing with the SEC on Friday that it has agreed to buy back 655,596 of common stock held by investor Harsha Gowda at a price of $2.15 a share. The company is paying a 3 cent discount off of the trading price from Tuesday though shares opened today at below $2.00. The bookseller’s stock has been very lightly traded recently, with daily volume of under 10,000 shares trading hands. Gowda, who runs BlueShore Global Equity Fund out of Florida (and, originally, New Jersey), first bought a stake in BAMM in December 2011, when he acquired more than […]