• By Gawker
    Jan 20, 2003 9:30 AM 181
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    #peterolson

    Panic At Random House

    New Random House Chief To Make Publishing Even Less Sexy

    Brutal Publishing Exec Really A Wimp
    read more: #anngodoff, #peterolson, #randomhouse

    Random House president fired

    Ann Godoff, president of Bertelsmann's Random House division, was fired Thursday for failing to meet profitability goals and the details are just coming out. Her division generated more best-sellers than any other, but the group's net income of $2 million was $4 million short of CEO Peter Olson's target. It didn't help that Godoff had alienated key executives and had no staunch defenders among the other division heads.
    Searching for motives in Random House ouster [NYT]


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