New Chairman for Penguin Random House
John Makinson will retire as chairman of Penguin Random House at the end of the year, and will be succeeded by Philip Hoffman.
Makinson had been CEO of the Penguin Group prior to its merger with Random House. Following the merger, Makinson was named chairman of the trade publisher and Markus Dohle, CEO of Random House, took over that role at PRH. Penguin parent company Pearson owns 47% of PRH, while RH parent company Bertelsmann owns 53%.