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Nihar Malaviya assumes permanent CEO role at Penguin Random House in New York; Malaviya has been serving as interim CEO since beginning of 2023, is member of Bertelsmann's Group Management Committee

Simon & Schuster is only one of US's four largest trade publishers to improve its profit margin in H1 2023; publishers hit with higher manufacturing, freight, distribution costs, inflationary pressures in H1, three publishers reducing workforce

Penguin Random House H1 2023 sales up 9.5% year-over-year to €2.10B, despite turbulent first half that included layoffs, buyouts; operating earnings up €1M to €258M in first six months of 2023

Crown Publishing Group names Amy Einhorn, editor of Liane Moriarty's Big Little Lies and Kathryn Stockett's The Help, as senior VP and publisher of fiction; Einhorn previously ran her own imprint at Penguin, Amy Einhorn Books

Viking Penguin promotes Terezia Cicel to senior editor, Nidhi Pugalia to editor, Camille Leblanc to associate editor, Allie Merola to associate editor, Jenn Houghton to publishing associate; Seema Mahanian is appointed senior editor at Pamela Dorman Books

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