Group ceo of Bonnier Publishing Richard Johnson is stepping down immediately, an abrupt move announced by the company on Friday. He has run the fast-growing division for the past nine year. COO and CFO of parent unit Bonnier Books Jim Zetterlund will serve as acting CEO. In headline results for 2017 released on February 12, Bonnier Group noted that, “Our UK-based book publishing house Bonnier Publishing has had several years of great expansion and acquisition, but during 2017 sales lagged and write-offs affected profits.” It was one of two “business areas that performed weaker than expected.” The company added that, “After […]
Free
People, Etc.
At Andrews McMeel, Patty Rice has been promoted to executive editor; Julie Phillips to executive design director; Ben Accardi to senior editor for calendars; and Melissa Rhodes to associate editor. Lucas Wetzel moves over to the book group as editor, from AMU’s syndication division. Ashleigh Gardner has been promoted to deputy general manager for Wattpad Studios, publishing. Carrie Pestritto has joined Laura Dail Literary Agency as an agent. Previously she was an agent at Prospect Agency. At Portfolio/Sentinel, Merry Sun has been promoted to associate editor, Vivian Roberson has been promoted to assistant editor, and Katherine Valentino has been promoted to […]
People, Etc.
Youngsuk ‘YS’ Chi has joined the board of Ingram Industries, the privately-held owner of businesses including Ingram Content Group. Currently non-executive chairman of Elsevier, Chi had worked at Ingram Micro as a director and later vp and general manager, Asia Pacific, and had served as chief operating offcer at Ingram Book Group and co-founder and chairman of Lightning Source. Shaughnessy Miller has joined Random House Children’s as school & library marketing coordinator. She previously worked in marketing and communications roles at Bloomsbury and Abrams. Trevor Dolby has joined Toby Mundy Associates as associate agent, focusing on nonfiction. He was the founding publisher of […]
People
At Princeton University Press, Alison Kalett has been promoted to editorial director for the sciences; Eric Crahan moves up to editorial director for the humanities; and Sarah Caro has been promoted to editorial director for the social sciences, with all three reporting to Al Bertrand. In addition, Amanda Peery has been promoted to associate editor, history, and Jessica Yao moves up to associate editor. Sports book publicity firm Press Box Publicity will become a division of Smith Publicity starting March 1. Smith Publicity ceo Dan Smith said, “This represents what I see as the perfect marriage of a top, genre-specific […]
People, Etc.
At Chronicle, Mirabelle Korn has been promoted to associate editor, art. Angela Craft has been promoted to marketing director for Avon and Harper Voyager. The Great Lakes Independent Booksellers Association has hired board member (and treasurer) Larry Law as their executive director, starting March 1. He was director of e-commerce & marketing at Anderson’s Bookshops in Naperville, IL. Forthcoming Reportedly, James Comey‘s first television interview ahead of the April 17 publication of A HIGHER LOYALTY will be with George Stephanopoulos at ABC. Awards The Booker Prize Foundation announced a special Golden Man Booker Prize, a one time award given only this year […]
Simon & Schuster Finishes with Strong Fourth Quarter, Record Full Year Profits
CBS reported fourth quarter and full-year earnings on Thursday afternoon, with Simon & Schuster registering strong sales of $235 million in the final quarter, up $26 million from a year ago (helped in part by the addition of Adams Media, acquired in November 2016). Operating income was $44 million, up from $36 million at the end of 2016. For the full year, sales of $830 million were $63 million higher than a year ago, and operating income hit a new record of $132 million, up $13 million from a year ago. S&S had paid approximately $42 million to purchase Adams Media, […]