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Random House chief's exit expected Weak profit prompts parent company to seek a change
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International Herald Tribune
- Article date:
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May 7, 2008
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Mark Landler and Motoko Rich The New York Times Media Group
International Herald Tribune
05-07-2008
Random House chief's exit expected Weak profit prompts parent company to seek a change
Byline: Mark Landler and Motoko Rich The New York Times Media Group
Edition: 2
Section: FINANCE/BUSINESS
FRANKFURT --
Peter Olson, the chief executive of Random House and one of the most powerful figures in American book publishing, will step down in the next few weeks, according to two executives at Bertelsmann, the German media conglomerate that owns the division.
Olson, who since 1998 has run Random House, the world's largest consumer publisher, with authors including John Grisham, Dan Brown, Norman Mailer ...
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