October 31, 2020

NYT Report: “Macmillan C.E.O. John Sargent Is Departing”

From The NY Times:

John Sargent, Macmillan’s longtime chief executive, will leave the publishing company in January because of disagreements over its direction, according to an announcement from its parent company, Holtzbrinck, on Thursday.

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Macmillan’s president, Don Weisberg, an industry veteran, will step in as chief executive of Macmillan’s English-language trade publishers, which include Farrar, Straus & Giroux, Henry Holt and Flatiron Books, in 2021.

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The shake-up comes after months of turmoil at Macmillan. The company was drawn into a dispute with libraries over its decision to delay the release of new e-books for library lending, a move that was meant to stabilize e-book sales but ended up angering the library market and was lifted during the coronavirus pandemic.

Learn More, Read the Complete NYT Article

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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