Philip Hoffman Named Chairman of Penguin Random House, Succeeding John Makinson
November 15, 2016
NEW YORK, NY (November 15, 2016) — Philip Hoffman, former Chief Corporate Finance and Strategic Development Officer at Pearson PLC, has been named Chairman of Penguin Random House, effective January 1, 2017, it was announced today by the company’s Board of Directors. He succeeds John Makinson, who will have served as the company’s Chairman for nearly three-and-a-half years when he retires from the position on December 31, 2016 at the conclusion of a 15-year career with Penguin and Penguin Random House.
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About Penguin Random House
Penguin Random House, the world’s largest trade book publisher, is dedicated to its mission of nourishing a universal passion for reading by connecting authors and their writing with readers everywhere. The company, which employs more than 10,000 people globally, was formed on July 1, 2013, by Bertelsmann and Pearson, who own 53 percent and 47 percent, respectively. With nearly 250 independent imprints and brands on five continents, Penguin Random House comprises adult and children’s fiction and nonfiction print and digital trade book publishing businesses in more than 20 countries worldwide, including the U.S., U.K., Canada, Australia, New Zealand, China, India, South Africa, Spain, Mexico, Argentina, Colombia, Chile, Peru, Portugal, and Uruguay. With over 15,000 new titles, and close to 800 million print, audio and eBooks sold annually, Penguin Random House’s publishing lists include more than 60 Nobel Prize laureates and hundreds of the world’s most widely read authors.Popular Company News
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