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.
 
 

SOURCE CBS Corporation
RELATED LINKS
http://www.cbs.com

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