Simon & Schuster Names Greg Greeley as New CEO, Succeeding Jonathan Karp

Simon & Schuster Appoints Greg Greeley as New CEO

Effective immediately, Simon & Schuster has named Greg Greeley as its new CEO, marking the first time in memory that the publisher has hired a CEO from outside the company. Greeley, a 62-year-old former Amazon.com executive, succeeds Jonathan Karp, who stepped down last year to found his own imprint at the publishing house.

Greeley's Background

Greeley has a background in business and investment, spending nearly 20 years at Amazon, where he held various positions including vice president of Amazon Prime. He also served as president of Airbnb's Homes division and president and COO of biotechnology startup Opentrons, as well as CEO of consumer goods company Thrasio.

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Industry Context

Simon & Schuster is facing rapid change in the industry, with publishers, authors, and agents debating the role of AI in the future of books. The company has endured numerous upheavals over the past few years, including the death of CEO Carolyn Reidy and an attempted sale to Penguin Random House that was blocked by a federal judge over antitrust concerns.

Key Takeaways

• Greg Greeley is the new CEO of Simon & Schuster, effective immediately.
• Greeley has a background in business and investment, including stints at Amazon and Airbnb.
• Simon & Schuster is facing rapid change in the industry, with a focus on AI and its impact on the future of books.
• The company has endured numerous upheavals over the past few years, including the death of CEO Carolyn Reidy and an attempted sale to Penguin Random House.

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