PIO named CEO of Penguin Random House
Nihar Malaviya has been named as permanent CEO of Penguin Random House, nine months after he was appointed the interim chief executive. Nihar Malaviya succeeded Markus Dohle, who departed weeks after a federal judge struck down Penguin Random House's attempted merger with Simon & Schuster, a deal Dohle had pushed for. Penguin Random House has been undergoing a company-wide reorganization since 2023.
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