{"id":69888,"date":"2020-09-18T02:43:37","date_gmt":"2020-09-17T23:43:37","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/macmillan-ceo-forced-out-over-disagreement-with-direction-of-company\/"},"modified":"2020-09-18T02:43:37","modified_gmt":"2020-09-17T23:43:37","slug":"macmillan-ceo-forced-out-over-disagreement-with-direction-of-company","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/macmillan-ceo-forced-out-over-disagreement-with-direction-of-company\/","title":{"rendered":"#Macmillan CEO forced out over \u2018disagreement\u2019 with direction of company"},"content":{"rendered":"

“#Macmillan CEO forced out over \u2018disagreement\u2019 with direction of company<\/strong>”<\/p>\n

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If you want to watch Movies<\/a> or TV series visit the Dizi.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

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\n Longtime CEO of book publishing giant Macmillan has been forced out after what the parent company said was \u201ca disagreement regarding the direction of Macmillan.\u201d<\/p>\n

John Sargent will be succeeded on January 1 by respected industry veteran Don Weisberg, who was president of Macmillan US Trade Group for the past five years.<\/p>\n

The company is owned by Germany\u2019s von Holtzbrink Group and owns prestigious imprints in the United States including St. Martin\u2019s Press, Henry Holt, Farrar Straus & Giroux, and Flatiron. It is considered one of the big five in the United States book publishing world.<\/p>\n

Among its authors are Bill O\u2019Reilly, a perennial No. 1 non-fiction author. It\u2019s also published the James Comey memoir \u201cA Higher Loyalty<\/a>,\u201d and the book that started the mega bestselling anti-Trump book craze, Michael Wolff\u2019s \u201cFire & Fury: Inside the Trump White House<\/a>.\u201d<\/p>\n

There have been a few controversies at the publisher over the past year, but Sargent\u2019s departure still took the industry by surprise on Thursday morning. He\u2019s been at Macmillan since 1996.<\/p>\n

\u201cThe family shareholders, the supervisory board, my colleagues and I thank John Sargent deeply for making Macmillan a strong and highly successful publishing house and for his most helpful advice,\u201d von Holtzbrinck CEO Stefan von Holtzbrink said in a statement. \u201cJohn\u2019s principles and exemplary leadership have always been grounded in worthy, essential causes, be it freedom of speech, the environment, or support for the most vulnerable. Since Holtzbrinck shares these ideals, they will live on.\u201d<\/p>\n

Over the past year, Sargent had led a boycott of new release e-books to libraries in a pricing dispute, but ended that in the early days of the pandemic.<\/p>\n

He also weathered a controversy over \u201cAmerican Dirt<\/a>,\u201d a novel by Jeanine Cummins who reportedly got a seven-figure advance from Macmillan\u2019s Flatiron imprint in 2018. The book about an immigrant mother and son fleeing a Mexican drug cartel as a modern day Grapes of Wrath ended up in a firestorm when it hit in January with Cummins being accused of \u201ccultural app<\/a>ropriation.\u201d Cummins bills herself as white with a Puerto Rican background.<\/p>\n

Her defenders said she was a victim of \u201ccancel culture\u201d The book which was an Oprah book club selection and appears to have sold well\u2013even after her book tour was abruptly canceled.<\/p>\n

Sargent also instituted some of the deepest cuts in the book world in early April due to coronavirus, cutting top executive salaries 50 percent while employees making more than $60,000 were cut between 20 percent to 33 percent. The pay cuts have since been restored.<\/p>\n

In June, Sargent said he would stepping back from day-to-day operations over concern about diversity in the book publishing world in the wake of the killing of George Floyd and other blacks by law enforcement officers.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Macmillan CEO forced out over \u2018disagreement\u2019 with direction of company” If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com Longtime CEO of book publishing giant Macmillan has been forced out after what the parent company said was \u201ca disagreement regarding the direction of Macmillan.\u201d John Sargent will be succeeded on January 1…<\/p>\n","protected":false},"author":1,"featured_media":69889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/09\/Macmillan-John-Sargent.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[70716,17209,71016,70370,5084],"class_list":["post-69888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-9-17-20","tag-books","tag-cancel-culture","tag-publishers","tag-publishing"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/69888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=69888"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/69888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/69889"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=69888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=69888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=69888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}