Head of book trade association is stepping down

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From the Associated Press:

The longtime head of the book publishers' trade association is stepping down.

Former Rep. Pat Schroeder of Colorado, who has served for 12 years as president and CEO of the Association of American Publishers, says it's time for her "to move on."

She will be replaced in May by former Rep. Tom Allen of Maine.

Schroeder's departure comes at a particularly critical time for publishers, who have been laying off employees, freezing salaries and offering lower advances for books in response to a harsh economy.

The industry is also in the midst of a historic transition with the rise of online bookselling and publishing, and a small, but quickly expanding market for electronic texts.

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This page contains a single entry by Gloria Jean Fogal published on February 27, 2009 1:11 PM.

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