The CEO of Macmillan — one of the Big Five book publishing houses — is stepping back from day-to-day responsibilities, following an industry-wide day of action protest against racism organized by five Macmillan employees.
The CEO of Macmillan — one of the Big Five book publishing houses — has announced he'll step back from day-to-day responsibilities, following an industry-wide day of action protest against racism organized by five Macmillan employees.
, John Sargent said:"It is clear that we have to change who occupies the seats at the table when the important decisions are being made.", during which publishing industry employees stopped work to spend the day protesting and fundraising for the black community. But the company said the change had been in the works for a long time.
Sargent remains in charge of the publisher's global businesses, but U.S. publishing — which includes imprints like Tor, Henry Holt, and Farrar, Straus and Giroux — will now be handled by a 13-person committee, which Sargent's statement says will be"a different and more inclusive management team, representing a wider range of experiences." In his letter, Sargent added that the company is"making sure we have diverse perspectives in the decision-making process.
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