Nihar Malviya appointed as permanent CEO of Penguin Random House

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Nihar Malviya named permanent CEO of Penguin Random House after nine-month interim tenure

An Overview of the News

• Nihar Malviya replaces former CEO Marcus Dohle, who stepped down following a federal judge's decision to reject Penguin Random House's merger with Simon & Schuster.

• Malviya started his journey at Bertelsmann in 2001 and has held various roles in the company.

• Prior to his appointment as CEO, Malviya served as Chief Operating Officer (COO) and President of Penguin Random House in the United States.

Penguin Random House:-

• It is the largest publisher of consumer books in the world, with a wide presence in more than 20 countries and over 300 exclusive imprints and publishing houses.

• German media conglomerate Bertelsmann has owned Random House since 1998. It was created in 2013 through the merger of two major publishing houses, Penguin Group and Random House.

• Penguin Random House publishes a wide range of literary genres, including fiction, non-fiction, children's books, and audiobooks.

• In India, Penguin Random House India is a leading consumer book publisher, offering books in multiple languages, including English and Hindi.

• It includes eminent Indian writers like Arundhati Roy, Khushwant Singh, and Sudha Murthy.