Carolyn K. Reidy Named President and Chief Executive Officer of Simon & Schuster, Inc.
NEW YORK, Sept. 6 /PRNewswire-FirstCall/ -- Carolyn K. Reidy has been named President and Chief Executive Officer of Simon & Schuster, Inc., it was announced today by Leslie Moonves, President and Chief Executive Officer of CBS Corporation (NYSE: CBS.A and CBS). In her new position, Reidy will oversee all of Simon & Schuster's domestic and international publishing operations. Reidy will assume her new role effective Jan. 1, 2008, upon the retirement of current Simon & Schuster President and CEO Jack Romanos, which was announced separately. "Carolyn is a born publishing executive and the right person to take the reins of leadership at Simon & Schuster," said Moonves. "She is highly admired by the entire publishing community -- authors and agents, booksellers and competitors -- and within S&S, where the publishing units under her management have thrived and been key contributors to the company's growth. As CEO she brings both continuity and the ability to take Simon & Schuster forward at a company that has been a true bright spot for CBS Corporation." "At Simon & Schuster we have a world class list of authors in every category and for every age group and interest," said Reidy. "We will look to continue our growth by taking maximum advantage of traditional and developing digital means to publish and market the great books for which we are known. We are at an exciting moment for our industry, with an ability that is unprecedented to both find our consumers and interact with them, and we intend to fully exploit that potential to expand the audiences for our authors." "As I step into this new role at Simon & Schuster, I am grateful to Jack Romanos, who has done such a remarkable job leading us to many years of record breaking sales and profits, and positioning us for the future. He leaves a company that will continue to excel in every aspect of publishing." Since 2001, Reidy has been President of the Simon & Schuster Adult Publishing Division, responsible for the editorial, marketing and business functions of the groups numerous imprints, including Atria, Free Press, Howard Books, Pocket Books, Scribner, Simon & Schuster, and Touchstone/Fireside. During that time, the Division has added numerous imprints and lines that have increased its ability to publish to nearly every segment of the marketplace, and the publishing operations under her supervision have grown more that 20%. The division has published some of the most popular and bestselling books of recent years, including Living History by Hillary Rodham Clinton, Angela's Ashes by Frank McCourt, YOU: On a Diet by Michael F. Roizen, M.D and Mehmet C. Oz, M.D., and John Adams by David McCullough. Reidy first joined Simon & Schuster in 1992 as President and Publisher of what was then the company's Trade Division. She came to Simon & Schuster from Avon Books, where she had been president and publisher since 1988. Reidy began her publishing career in at Random House in 1976, and moved to William Morrow as subsidiary rights director in 1983. She returned to Random House in 1986 as publisher of Vintage Books and Associate Publisher of the Random House imprint. A native of Washington D.C., Reidy graduated from Middlebury College with a Bachelor of Arts in English and Russian, and earned an M.A. and Ph.D. in English from Indiana University. She resides in New York City with her husband. In 2006, Simon & Schuster had a company record 111 New York Times bestsellers, and sixteen #1 bestsellers. In 2007 the company has enjoyed success with bestsellers such as the worldwide blockbuster The Secret by Rhonda Byrne, with more than 6 million copies in print, Einstein by Walter Isaacson, The Glass Castle by Jeannette Walls, Dog by Matthew van Fleet and Pendragon by D.J. MacHale. Simon & Schuster is home to some of the most widely-known and recognizable authors in the world, including Mary Higgins Clark, Stephen King, David McCullough, Dr. Phil McGraw, and Bob Woodward. Founded in 1924, it publishes approximately 1900 titles annually. Simon & Schuster and its imprints have won 54 Pulitzer Prizes, 15 National Book Award, and 18 Newbery and 14 Caldecott Medals and 6 Grammy Awards. Simon & Schuster, a part of the CBS Corporation, is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic, and audio formats. Its divisions include Simon & Schuster Adult Publishing, Simon & Schuster Children's Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, and the United Kingdom. For more information, visit our website at www.simonsays.com CBS Corporation (NYSE: CBS.A and CBS) is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW - a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime and CSTV Networks), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products) and video/DVD (CBS Home Entertainment). For more information, log on to www.cbscorporation.com.RELATED LINKS
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