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peter olson
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Peter Olson
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peter olson
Ousted Random House Publisher Short Of Own Yardstick
Despite his illness, it sounds like there was some schadenfreude surrounding the departure of Peter Olson: "Olson may be best remembered in the publishing industry for abruptly dismissing the president of the Random House Trade Group, Ann Godoff, in 2003. He said in a news release that she ran the only unit 'to consistently fall short of their profitability targets.' Now, Mr. Olson appears to have fallen victim to that same bottom-line calculus." [Times]
Olson Out
Random House chief Peter Olson will step down in the next few weeks, according to an unsourced report posted to the New York Times website. An illness—said by Publishers Weekly to be double pneumonia—had left the publishing exec "distracted and unavailable" for months. Olson, who has five children including two adopted from Eastern Europe, married the founder of the iVillage website for women, Candice Carpenter, in 2001. (One tipster says his forceful wife refused to allow contact by Random House's German owners while Olson was sick.)
Random House chief Peter Olson will step down in the next few weeks, according to an unsourced report posted to the New York Times website. An illness—said by Publishers Weekly to be double pneumonia—had left the publishing exec "distracted and unavailable" for months. Olson, who has five children including two adopted from Eastern Europe, married the founder of the iVillage website for women, Candice Carpenter, in 2001. (One tipster says his forceful wife refused to allow contact by Random House's German owners while Olson was sick.)
ann godoff
Searching for motives in Random House ouster [NYT]
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]
