Malaviya appointed permanent CEO of PRH

Bertelsmann has officially appointed Nihar Malaviya as Penguin Random House (PRH) CEO, reports Publishers Weekly.

Malaviya was appointed interim CEO following Markus Dohle’s resignation in December last year. Bertelsmann chair and CEO Thomas Rabe called Malaviya ‘the right leader’ for the publisher ‘at the right time.’ Rabe said that as interim CEO, Malaviya ‘has set an important strategic course’. ‘Most importantly, he has transformed the structures at Penguin Random House so that the publishers and publishing groups can work more creatively and entrepreneurially,’ Rabe said.

Earlier this year in the US, Malaviya split the Random House Publishing Group into two groups, and rolled out a voluntary separation offer program, which prompted many of the company’s best-known editors, publishers and other executives to leave the company.

Malaviya joined what was then Random House in 2003. He was named president and COO of PRH in 2014.

Category: International news