Random House president fired
Ann Godoff, president of Bertelsmann's Random House division, was fired Thursday for failing to meet profitability goals and the details are just coming out. Her division generated more best-sellers than any other, but the group's net income of $2 million was $4 million short of CEO Peter Olson's target. It didn't help that Godoff had alienated key executives and had no staunch defenders among the other division heads.
Searching for motives in Random House ouster [NYT]